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

Author Question: At the profit-maximizing output, price is greater than marginal cost a. for a monopolistically ... (Read 22 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 30, 2018
At the profit-maximizing output, price is greater than marginal cost
 a. for a monopolistically competitive firm only in the short run
  b. for a monopolistically competitive firm only in the long run
  c. for a monopolistically competitive firm in both the short run and the long run
  d. for a perfectly competitive firm only in the short run
  e. for a perfectly competitive firm only in the long run

Question 2

Special-interest legislation that imposes costs broadly over many taxpayers can be enacted because
 a. taxpayers benefit from this type of legislation
  b. taxpayers remain rationally ignorant of the legislation
  c. only the wealthy pay these taxes
  d. these taxes are actually borne by a minority of taxpayers
  e. the Constitution requires special-interest legislation


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
Young adults who described themselves as “not being religious at all” had greater stress ... Young adults who described themselves as “not being religious at all” had greater stress ...
Factors that Increase Cardiac Output Factors that Increase Cardiac Output
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Calculator Output Calculator Output
Video: Immune responses Animation

For a complete list of videos, visit our video library