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Author Question: Both the perfectly competitive firm and the monopolistically competitive firm produce at the output ... (Read 208 times)

saliriagwu

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on: Jun 29, 2018
Both the perfectly competitive firm and the monopolistically competitive firm produce at the output where marginal revenue equals marginal cost (MR = MC) but only the perfectly competitive firm achieves allocative efficiency.
 
  Explain why this is the case.

Question 2

Which of the following causes the unemployment rate to understate the true extent of joblessness?
 
  A) Many full time workers really want to be part time workers.
  B) A drug dealer reports herself as unemployed.
  C) Persons who collect unemployment benefits report themselves to be searching for a job.
  D) Discouraged workers are counted as unemployed.
  E) Discouraged workers are not counted as unemployed.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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underwood14

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Reply #1 on: Jun 29, 2018
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.
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saliriagwu

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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