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

Author Question: Which of the following is inconsistent with the model of perfect competition? a. ease of entry into ... (Read 188 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following is inconsistent with the model of perfect competition?
 a. ease of entry into an industry
  b. ease of exit from an industry
  c. many buyers and sellers in the industry
  d. advertising of product differences in the industry
  e. a horizontal demand curve facing each firm in the industry

Question 2

Special-interest groups, such as the pharmaceutical lobby, often get what they demand because
 a. politicians are rationally ignorant
  b. voters are rationally ignorant
  c. they engage in logrolling
  d. they represent the median voter
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Excellent

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« 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?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Theodore Brookhart and Egmont C. Arens, "Streamliner" Meat Slicer, Model 410. Theodore Brookhart and Egmont C. Arens, "Streamliner" Meat Slicer, Model 410.
The operon model, as proposed in 1961 by Jacob and Monod The operon model, as proposed in 1961 by Jacob and Monod
Model of cI repressor binding to DNA Model of cI repressor binding to DNA
Model for induction of B. subtilis tyrS gene by uncharged tRNATyr Model for induction of B. subtilis tyrS gene by uncharged tRNATyr
Denney's model ON actual level of performance on exercised and unexercised abilities Denney's model ON actual level of performance on exercised and unexercised abilities
The epigenetic stem cell model proposes that both epigenetic changes The epigenetic stem cell model proposes that both epigenetic changes
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library