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

Author Question: A firm in perfect competition perceives the demand curve to be downward sloping. Indicate whether ... (Read 30 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
A firm in perfect competition perceives the demand curve to be downward sloping.
  Indicate whether the statement is true or false

Question 2

A car purchased by you is rival because:
 a. you can prevent others from using your car.
  b. it has many competitors.
  c. your use of this car makes it unavailable for others.
  d. it is nonexcludable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

False

Answer to Question 2

C




gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library