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

Author Question: A duopoly occurs when ________. A) there are only two producers of a particular good competing in ... (Read 48 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 29, 2018
A duopoly occurs when ________.
 
  A) there are only two producers of a particular good competing in the same market
  B) there are two producers of two goods competing in an oligopoly market
  C) there are numerous producers of two goods competing in a competitive market
  D) the one producer of two goods sells the goods in a monopoly market

Question 2

Lily has 10 to spend each week on fish and chicken. Fish costs 2 a serving and chicken costs 3 a serving. The table shows Lily's marginal utilities of fish and chicken. Lily will consume ________ servings of chicken and ________ of fish each week.
 
  A) 4; 0
  B) 1; 3
  C) 0; 5
  D) 2; 2


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


erika

  • Member
  • Posts: 522
Reply 2 on: Jun 29, 2018
Gracias!

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Much time and effort occurs between the development of a research idea and the statistical analysis Much time and effort occurs between the development of a research idea and the statistical analysis
Avocados are a good source of pantothenic acid, dietary fiber, vitamin K Avocados are a good source of pantothenic acid, dietary fiber, vitamin K
potatoes as a very good source of vitamin B6 potatoes as a very good source of vitamin B6
Write a net ionic equation for the precipitation reaction that occurs. Write a net ionic equation for the precipitation reaction that occurs.
In the drawing of acetaldehyde, CH3CHO, the largest partial negative charge (-) occurs on In the drawing of acetaldehyde, CH3CHO, the largest partial negative charge (-) occurs on
If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ... If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ...
Video: Hypoglycemia Animation

For a complete list of videos, visit our video library