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

Author Question: Under perfect competition and in the absence of externalities which of the following is FALSE? (Read 46 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: May 25, 2020
Under perfect competition and in the absence of externalities which of the following is FALSE?
◦ As long as all firms have access to the same input markets and the same input prices, the last unit of an input hired will produce the same value in each firm.
◦ Households will buy a good as long as the good generates utility that is greater than the good's market price.
◦ Resources are allocated efficiently among firms.
◦ What is produced is distributed efficiently, but the market may not produce the things that people want.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on May 25, 2020

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: May 25, 2020
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 32% of students answer this correctly


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

The different types of competition in nature. The different types of competition in nature.
A stallion with a proven competition record is one criterion for being a suitable sire. A stallion with a proven competition record is one criterion for being a suitable sire.
Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ... Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ...
Gaussian surface in the absence of a dielectric Gaussian surface in the absence of a dielectric
European swimming competition European swimming competition
Interference Competition Interference Competition
Video: How to make cDNA Animation

For a complete list of videos, visit our video library