Which of the following is not a characteristic of perfect competition?
a. A commodity product
b. A large number of independently acting sellers
c. Freedom of entry
d. The existence of externalities
e. Each firm is a price taker
Question 2
Which of the following is true at the profit-maximizing quantity for both a perfectly competitive firm and a monopoly?
a. Price equals marginal cost.
b. Price is greater than marginal cost.
c. Marginal revenue equals marginal cost.
d. Marginal revenue is less than marginal cost.
e. Marginal revenue is greater than average revenue.
Cushing’s syndrome. A photograph of a woman with the characteristic facial features of Cushing’s syn
Conjunctivitis, with the characteristic “pinkeye” appearance. A yellow crusty exudate is also common
European swimming competition
Use the product rule to find derivative
To find the derivative use product rule
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering