This topic contains a solution. Click here to go to the answer

Author Question: ________ is an industry with a single firm in which the entry of new firms is blocked. (Read 38 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579

Question 1

Which of the following is a major source of inefficiency?


◦ market power
◦ perfect competition
◦ price taking
◦ All of these

Question 2

________ is an industry with a single firm in which the entry of new firms is blocked.


◦ A monopoly
◦ Monopolistic competition
◦ An oligopoly
◦ Perfect competition


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by MGLQZ on Apr 19, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 52% of students answer this correctly




MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library