[Answered] Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ...

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

Author Question: Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ... (Read 26 times)

appyboo

Hero Member
Posts: 527

on: Jun 30, 2018

Easy entry and exit cause oligopoly profits to be zero in the long run.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Marginal cost is defined as the increase in total cost resulting from an increase in:
a. one unit of output.
b. output of 100 units.
c. a firm's plant size.
d. one unit of labor.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

shaikhs

Sr. Member
Posts: 312

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

a

appyboo

Hero Member
Posts: 527

Reply #2 on: Jun 30, 2018

Correct answers!

shaikhs

Sr. Member
Posts: 312

Reply #3 on: Jun 30, 2018

Great! Please up vote

« previous next »

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

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?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

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?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Long-day stimulation of flower development in Arabidopsis.

Testing the effects of long-term fertilizing on inter-actions between mycorrhizal fungi and plants o

fMRI Machine It is not until after toddlerhood that most children can lie still long enough to have

Long stroke used in lymphatic facilitation.

Long noncoding RNAs mediate transcriptional activation

Author Question: Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ... (Read 26 times)

Related Topics

Need homework help now?