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

Author Question: The four-firm concentration ratio equals the percentage of the value of ________ accounted for by ... (Read 78 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
The four-firm concentration ratio equals the percentage of the value of ________ accounted for by the four ________ firms in the industry.
 
  A) sales; smallest
  B) profits; smallest
  C) sales; largest
  D) profits; largest

Question 2

The above table shows Homer's marginal utility from consuming various quantities of chocolate chip cookies and cake. The price of cookies is 2 per pound, the price of cake is 2 per slice and Homer has 12 to spend on cookies and cake.
 
  Homer will consume ________ of cookies and ________ of cake. A) 1 pound; 5 slices
  B) 2 pounds; 4 slices
  C) 3 pounds; 3 slices
  D) 5 pounds; 2 slices


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski Blood glucose measurement. A postprandial test may be self-administered. (a) A lance pierces the ski
Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction Effect of substrate concentration on the initial velocity of an enzyme-catalyzed reaction
With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ... With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ...
How to detemine the PH of a solution when given the hydrogen concentration How to detemine the PH of a solution when given the hydrogen concentration
Percentage & Molarity Percentage & Molarity
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library