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

Author Question: According to the new growth theory, competition A) reduces profit. B) increases profit. C) has ... (Read 104 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
According to the new growth theory, competition
 
  A) reduces profit.
  B) increases profit.
  C) has no impact on real profit, only nominal profit.
  D) is only theoretical because all firms are growing at some rate.

Question 2

A rent ceiling creates a shortage. As a result, which of the following occurs?
 
  A) only a loss of consumer surplus for tenants
  B) only a loss of producer surplus for landlords
  C) a loss of both consumer and producer surplus
  D) a gain of both consumer and producer surplus


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

helenmarkerine

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


debasdf

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
Gracias!

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Growth of yeast cells in culture fits the logistic growth model. Growth of yeast cells in culture fits the logistic growth model.
Factors that contribute to the growth of family members. Factors that contribute to the growth of family members.
Spirituality increases with age, but there are different patterns for the two genders. Both genders ... Spirituality increases with age, but there are different patterns for the two genders. Both genders ...
How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ... How Mendel’s theory accounts for the results of his experiment on the inheritance of seed color in ...
The clonal selection theory of the adaptive immune response The clonal selection theory of the adaptive immune response
Primary growth in a shoot Primary growth in a shoot
Video: Stroke volume

For a complete list of videos, visit our video library