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

Author Question: Which of the following is characteristic of a monopolistic competitor? a. a standardized product b. ... (Read 40 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
Which of the following is characteristic of a monopolistic competitor?
 a. a standardized product
 b. the ability to influence price
 c. allocative efficiency
 d. a horizontal firm demand curve

Question 2

Property rights specified in a contract are always open-ended and they exhaustively specify the owner's alternatives.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

b

Answer to Question 2

F




Pineapplelove6

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Excellent


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library