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

Author Question: In the long run, the economic profit of a firm in a perfectly competitive market A) will be above ... (Read 29 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
In the long run, the economic profit of a firm in a perfectly competitive market
 
  A) will be above zero.
  B) will be below zero.
  C) will equal zero.
  D) can be above, below, or equal to zero.

Question 2

If the Fed sells securities to commercial banks, there is no money multiplier effect.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

FALSE




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Wow, this really help


mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library