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

Author Question: Which of the following is a characteristic of a perfectly competitive market? a. Homogeneous ... (Read 63 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
Which of the following is a characteristic of a perfectly competitive market?
 a. Homogeneous products.
 b. Barriers to entry.
 c. Substantial expenditures on advertising.
  d. All of the above.

Question 2

It is difficult to practice arbitrage for untradable services or for goods which have a few knowledgeable traders.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

a

Answer to Question 2

T




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library