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

Author Question: Economies of scale in production act as a source of: A) legal market power. B) natural market ... (Read 74 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
Economies of scale in production act as a source of:
 
  A) legal market power.
  B) natural market power.
  C) restricted market power.
  D) regulated market power.

Question 2

A necessary condition for perfect competition is
 
  A) price searchers.
  B) price takers.
  C) legal restrictions on entry into the market.
  D) a small number of huge firms.
  E) widespread and long-run economic profits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
:D TYSM

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

The Scale of Life 2 The Scale of Life 2
Tanner Scale Tanner Scale
Blending inheritance formed the basis of nineteenth-century critiques of evolution by natural select Blending inheritance formed the basis of nineteenth-century critiques of evolution by natural select
World Aquaculture Production "لإنتاج العالمي لتربية الأحياء" World Aquaculture Production "لإنتاج العالمي لتربية الأحياء"
Cereal production in Africa may decrease by as much as 50% by 2080 in some areas Cereal production in Africa may decrease by as much as 50% by 2080 in some areas
The power of English Language "&" and "and" The power of English Language "&" and "and"
Video: Conduction of action potentials

For a complete list of videos, visit our video library