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

Author Question: According to Shepherd, the percentage of industries that were effectively competitive in 1988 is ... (Read 84 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 30, 2018
According to Shepherd, the percentage of industries that were effectively competitive in 1988 is approximately
 a. 25 percent
  b. 50 percent
  c. 64 percent
  d. 77 percent
  e. 89 percent

Question 2

Resources are efficiently allocated when production occurs at that point at which
 a. marginal cost intersects average variable cost
  b. price is equal to average revenue
  c. price is equal to marginal cost
  d. marginal revenue equals marginal cost
  e. price is equal to average variable cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


rmenurse

  • Hero Member
  • *****
  • Posts: 513
Reply #2 on: Jun 30, 2018
Correct answers!


AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

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

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Anatolian Shepherd Dog Anatolian Shepherd Dog
Australian Shepherd Australian Shepherd
Dutch Shepherd Dog Dutch Shepherd Dog
What percentage? What percentage?
Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains Percentage of Full Tryptophan Expression for trpR+ and trpR- Strains
Newborns, infants, and children have a high percentage of body weight composed of water... Newborns, infants, and children have a high percentage of body weight composed of water...
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library