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

Author Question: A market with a single seller is called A) perfectly competitive. B) monopolistically competitive. ... (Read 111 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
A market with a single seller is called
 A) perfectly competitive.
  B) monopolistically competitive.
  C) a monopoly.
  D) an oligopoly.

Question 2

What characteristics distinguish private goods from public goods?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Private goods are excludable and rivalrous, while public goods are nonexcludable and nonrival in nature.


cmoore54

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

A single crossover inserts F at a specific locus, which then determines the order of gene transfer A single crossover inserts F at a specific locus, which then determines the order of gene transfer
Model for the events occurring around a single replication fork Model for the events occurring around a single replication fork
In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol In this painting evangelist George Whitefield appears to be cross-eyed. This is no fault of John Wol
People whose behaviors violate norms are often called mentally ill. “Why else would they do such ... People whose behaviors violate norms are often called mentally ill. “Why else would they do such ...
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Examples of Human Disorders Caused by Single-Gene Mutations Examples of Human Disorders Caused by Single-Gene Mutations
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library