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

Author Question: There are a few ship manufacturers in Polonia and each firm faces a downward sloping demand curve. ... (Read 26 times)

piesebel

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
There are a few ship manufacturers in Polonia and each firm faces a downward sloping demand curve. The ship-building industry in Polonia is an example of a(n) ________.
 
  A) perfect competition
  B) monopolistic competition
  C) monopoly
  D) oligopoly

Question 2

A supply curve shows the relationship between:
 
  A) output and the total cost of production.
  B) output and prices.
  C) output and consumer income.
  D) output and revenue.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


piesebel

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Excellent

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

The age-dependent curve of salivary progresterone levels in three populations. The age-dependent curve of salivary progresterone levels in three populations.
In the heat of the Battle of Lake Erie, Perry had to abandon his flagship, the Lawrence, which had b In the heat of the Battle of Lake Erie, Perry had to abandon his flagship, the Lawrence, which had b
Oxygen dissociation curve Oxygen dissociation curve
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
Collage of Student Faces Collage of Student Faces
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library