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 29 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
:D TYSM


billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

For a complete list of videos, visit our video library