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

Author Question: Which of the following markets best approximates the perfectly competitive market structure? a. ... (Read 62 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
Which of the following markets best approximates the perfectly competitive market structure?
 a. automobile manufacturing
  b. insurance
  c. world commodity markets
  d. airlines
  e. manufacture of stereo equipment

Question 2

Perfectly competitive firms respond to changing market conditions by varying their
 a. price
  b. output
  c. market share
  d. information
  e. advertising campaigns


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 30, 2018
Excellent

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

The structure and function of the GABA-A receptor. The structure and function of the GABA-A receptor.
The structure of the human ear. The structure of the human ear.
Discrimination between p and ppi and chemical structure of ATP Discrimination between p and ppi and chemical structure of ATP
The tertiary structure of BPTI The tertiary structure of BPTI
Structure of the retina Structure of the retina
Video: Stroke volume - afterload definition & hypertension

For a complete list of videos, visit our video library