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

Author Question: According to your authors, the model of perfect competition A) is an accurate description of ... (Read 89 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
According to your authors, the model of perfect competition
 
  A) is an accurate description of real-world markets.
  B) obscures how plan coordination occurs in the real world.
  C) explains how economic profits can exist over time.
  D) explains economic losses better than economic profits.

Question 2

Which seller is selling short?
 
  A) Colleges that require the entire term's tuition prior to the first day of class
  B) A magazine that sells you a two-year subscription
  C) A major league baseball team that sells you a season ticket
  D) They are all selling short.
  E) None is selling short because all are reducing their risks.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

D




bitingbit

  • Sr. Member
  • ****
  • Posts: 323

 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

For a complete list of videos, visit our video library