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

Author Question: If a firm's product becomes a commodity A) the firm gains market power. B) the firm's strategy has ... (Read 177 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
If a firm's product becomes a commodity
 A) the firm gains market power.
  B) the firm's strategy has apparently paid off.
  C) the firm has become a monopoly.
  D) the firm looses market power.

Question 2

A valid argument against redistributing income to achieve complete equality is that:
 a. income equality would destroy the social cohesiveness that exists among different income groupings.
 b. this would eliminate the monetary incentives to work and produce.
 c. the cost of obtaining the equality would be so deflationary as to promote economic instability.
 d. income equality would imply class segregation based on factors such as sex or race, since income would be constant.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

b


nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
Wow, this really help

nathang24

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

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?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Using concept maps as a learning strategy Using concept maps as a learning strategy
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
Success of the Republican “Southern Strategy” Success of the Republican “Southern Strategy”
The Tōhoku earthquake: shaking Japan’s trust in nuclear power The Tōhoku earthquake: shaking Japan’s trust in nuclear power
The Risk of Nuclear Power The Risk of Nuclear Power
The power of English Language "&" and "and" The power of English Language "&" and "and"
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library