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

Author Question: Monopolistic competition and perfect competition are different in that monopolistically competitive ... (Read 107 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
Monopolistic competition and perfect competition are different in that monopolistically competitive firms:
 a. cannot earn profits in the short run.
 b. face firm demand curves that are less elastic than perfectly competitive firms.
  c. face substantial barriers to entry.
 d. earn economic profits in the long run.

Question 2

Which of the following is an example of an obligation associated with a right?
 a. Providing adequate notice period to your tenants to vacate your house.
  b. Allowing your kids to play with other children in the neighborhood.
  c. Allowing neighbors to use your lawn to maintain healthy public relations.
  d. Providing proper education and adequate nutrition to your children.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

A


jessicacav

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma
"Practice makes perfect" "Practice makes perfect"
Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ... Competitive enzyme immunoassay. (a) Shows the uninhibited reaction and (b) shows the inhibited ...
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
Lineweaver–Burk plots of the reactions with and without a competitive inhibitor Lineweaver–Burk plots of the reactions with and without a competitive inhibitor
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library