Author Question: Excess capacity typically occurs a. in the short run in perfect competition b. in the short run in ... (Read 98 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
Excess capacity typically occurs
 a. in the short run in perfect competition
  b. in the short run in monopolistic competition
  c. in long-run equilibrium in perfect competition
  d. in long-run equilibrium in monopolistic competition
  e. usually in markets experiencing an increase in demand

Question 2

Competing-interest legislation is legislation that
 a. imposes benefits on only a few individuals but imposes costs on many people
  b. imposes both benefits and costs on relatively few individuals
  c. imposes benefits on many individuals but imposes the costs on relatively few people
  d. imposes both benefits and costs on many individuals
  e. imposes costs only on those individuals who are rationally ignorant



vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

For a complete list of videos, visit our video library