This topic contains a solution. Click here to go to the answer

Author Question: If people can benefit from a good even if they do not pay for it, the good is nonrival. Indicate ... (Read 50 times)

bb

  • Hero Member
  • *****
  • Posts: 544
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
Answer to Question 1

FALSE

Answer to Question 2

D




bb

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


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

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?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library