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

Author Question: Which of the following is characteristic of monopolistically competitive industries? a. Product ... (Read 57 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Which of the following is characteristic of monopolistically competitive industries?
 a. Product differentiation.
 b. A substantial likelihood of collusion.
 c. Relatively small market shares of each producer.
 d. Both (a) and (c) are characteristics of monopolistically competitive industries.

Question 2

Which of the following is true of property rights?
 a. They are rights to use a public good without paying for it.
  b. They usually specify the owner's alternatives.
  c. The are associated with the exchange of commodities but not services.
  d. They are often open-ended and do not exhaustively specify the owner's alternatives.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

D


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Wow, this really help

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product
Importance of Considering Gestalt Principles in Product Design (1 of 2) Importance of Considering Gestalt Principles in Product Design (1 of 2)
Competitive firms and maximization Competitive firms and maximization
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library