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Author Question: Which of the following characteristics does perfect competition have in common with monopolistic ... (Read 120 times)

nramada

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on: Jun 30, 2018
Which of the following characteristics does perfect competition have in common with monopolistic competition?
 a. price-taking firms
  b. homogeneous products
  c. no barriers to entry
  d. horizontal demand curve
  e. neither market advertises

Question 2

Legislation that provides a subsidies for tobacco growers is an example of
 a. public-interest legislation
  b. competing-interest legislation
  c. a positive-sum game
  d. special-interest legislation
  e. concentrated-costs legislation


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nikmaaacs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


nramada

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  • Posts: 580
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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