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

Author Question: U.S. antitrust policy is focused primarily on market conduct. a. True b. ... (Read 57 times)

khang

  • Hero Member
  • *****
  • Posts: 569
U.S. antitrust policy is focused primarily on market conduct.
 a. True
  b. False

Question 2

All of the following are true of a perfectly competitive firm in long-run equilibrium except one. Which is the exception?
 a. Its economic profit will be zero.
  b. Its accounting profit may be positive.
  c. It will be minimizing average total cost.
  d. It will be charging a price equal to marginal cost.
  e. Marginal cost is minimized.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

medine

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

B

Answer to Question 2

E



khang

  • Hero Member
  • *****
  • Posts: 569

medine

  • Sr. Member
  • ****
  • Posts: 344

 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

For a complete list of videos, visit our video library