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

Author Question: A perfectly competitive firm's demand curve is A) upward sloping. B) downward sloping. C) a ... (Read 311 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 29, 2018
A perfectly competitive firm's demand curve is
 
  A) upward sloping.
  B) downward sloping.
  C) a vertical line.
  D) a horizontal line.

Question 2

The marginal social benefit curve for a product can be the same as the good's
 
  A) marginal cost curve.
  B) supply curve.
  C) demand curve.
  D) consumer surplus curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lorealeza

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

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?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug. Drug tolerance: A shift in the dose-response curve to the right as a result of exposure to the drug.
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
Unregulated populations "J-shaped curve" Unregulated populations "J-shaped curve"
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Simple Diffusion - gases and nonpolar compounds transport

For a complete list of videos, visit our video library