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

Author Question: Which of the following groups lists the four factors of production? A) labor, capital, land, ... (Read 71 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
Which of the following groups lists the four factors of production?
 
  A) labor, capital, land, entrepreneurship
  B) labor, capital, land, money
  C) labor, money, land, entrepreneurship
  D) labor, capital, money, entrepreneurship

Question 2

A monopolistically competitive firm is like an oligopolistic firm insofar as
 
  A) both face perfectly elastic demand.
  B) both can earn an economic profit in the long run.
  C) both have MR curves that lie beneath their demand curves.
  D) neither is protected by high barriers to entry.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Answer to Question 1

A

Answer to Question 2

C




Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Wow, this really help


bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

For a complete list of videos, visit our video library