« previous next »

Author Question: Which real-world market most closely approximates perfect competition? a. the stock market b. ... (Read 93 times)

ghost!

  • Hero Member
  • *****
  • Posts: 560
on: Jun 30, 2018
Which real-world market most closely approximates perfect competition?
 a. the stock market
  b. automobiles
  c. higher education
  d. cable television services
  e. retail clothing stores

Question 2

In the monopoly market structure, new firms
 a. cannot profitably enter the industry, even in the long run
  b. may freely enter and leave the industry in both the short run and the long run
  c. may freely enter and leave the industry in the long run only
  d. may freely enter and leave the industry in the short run only
  e. have no incentive to enter the industry, even if economic profits are present


Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

The common squirrel monkey (Saimiri sciureus) is a small New World primate from the Cebidae (squirre The common squirrel monkey (Saimiri sciureus) is a small New World primate from the Cebidae (squirre
Clinal maps of ABO allele distributions in the indigenous populations of the world. Clinal maps of ABO allele distributions in the indigenous populations of the world.
Each subculture provides its members with values and distinctive ways of viewing the world. What ... Each subculture provides its members with values and distinctive ways of viewing the world. What ...
Language is the basis of human culture around the world. The past decade has seen major developments ... Language is the basis of human culture around the world. The past decade has seen major developments ...
Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
World of Children World of Children
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library