This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If people can benefit from a good even if they do not pay for it, the good is nonrival. Indicate ... (Read 93 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
If people can benefit from a good even if they do not pay for it, the good is nonrival.
 
  Indicate whether the statement is true or false

Question 2

In the short run, perfectly competitive firms ________ but in the long run, perfectly competitive firms ________.
 
  A) can incur an economic loss; incur an economic loss
  B) can incur economic losses; make an economic profit
  C) must make an economic profit; make an economic profit
  D) can incur an economic loss; make zero economic profit


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

D


bb

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
:D TYSM

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Paths taken by honeyguides leading people to bees' nests Paths taken by honeyguides leading people to bees' nests
Summary of Coordination of Benefit Rules Summary of Coordination of Benefit Rules
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Of four outcomes people can have after exposure to trauma, the most prevalent is resilience. Others, ... Of four outcomes people can have after exposure to trauma, the most prevalent is resilience. Others, ...
Some people have begun to “attend” church as avatars. Some people have begun to “attend” church as avatars.
Despite the globe’s vast social change, people all over the world continue to make race a ... Despite the globe’s vast social change, people all over the world continue to make race a ...
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library