« previous next »

Author Question: In monopolistic competition if there is profit, there is: a. a signal for new firms to enter. b. a ... (Read 23 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
In monopolistic competition if there is profit, there is:
 a. a signal for new firms to enter.
  b. a motive for existing firms to increase prices.
  c. proof that advertising works.
  d. a motive for existing firms to decrease prices.
  e. product differentiation.

Question 2

Indifference curves that are closest to the origin are preferable to ones that are farther from the origin.
 a. True
  b. False
  Indicate whether the statement is true or false


lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

jc611

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 30, 2018
Thank you :)


lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl First-pass effect: (a) drugs are absorbed; (b) drugs enter hepatic portal circulation and go directl
Flow chart for the diagnosis of hepatitis C. Hepatitis C reporting using the signal-tocutoff ratio. Flow chart for the diagnosis of hepatitis C. Hepatitis C reporting using the signal-tocutoff ratio.
Urine Color Can Signal Dehydration Urine Color Can Signal Dehydration
Biking competition in the park Biking competition in the park
Interference Competition Interference Competition
Video: Structure of a Ribosome

For a complete list of videos, visit our video library