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

Author Question: Using the data in the above table, at the price of 80 a phone, a A) shortage of 25 thousand ... (Read 38 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Using the data in the above table, at the price of 80 a phone, a
 
  A) shortage of 25 thousand cellular telephones occurs.
  B) surplus of 80 thousand cellular telephones occurs.
  C) surplus of 25 thousand cellular telephones occurs.
  D) shortage of 55 thousand cellular telephones occurs.

Question 2

Which of the following is part of the market structure for monopolistic competition?
 
  A) barriers to entry
  B) a large number of firms compete
  C) each firm produces a differentiated product
  D) Both answers B and C are correct.


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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
:D TYSM

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Effects of Estradiol and Testosterone on Interfemale Aggression in Rats (Based on data from van de P Effects of Estradiol and Testosterone on Interfemale Aggression in Rats (Based on data from van de P
Wash all surfaces in a massage room daily, including the massage table. Wash all surfaces in a massage room daily, including the massage table.
Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ... Dorsiflex the foot, applying direct pressure to the bottom. Standing at the end of the table, pick ...
Demographic Data for Nigeria Demographic Data for Nigeria
Table - Correlation Analysis Table - Correlation Analysis
Ribosome structure and tRNA-binding sites interpreted from cryo-EM–generated data Ribosome structure and tRNA-binding sites interpreted from cryo-EM–generated data
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library