Author Question: In the long-run, a perfectly competitive firm will achieve a. An average rate of return b. Above ... (Read 69 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
In the long-run, a perfectly competitive firm will achieve
 a. An average rate of return
  b. Above average profits
 c. Losses
 d. Economic Profits

Question 2

An English auction is
 a. A sealed auction
 b. An oral auction
 c. An auction where bidders submit decreasing bids
  d. All of the above



aloop

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

a

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

For a complete list of videos, visit our video library