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

Author Question: Which of the following markets are closest to perfectly competitive a. The market for smart phones ... (Read 50 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jul 1, 2018
Which of the following markets are closest to perfectly competitive
 a. The market for smart phones
 b. The market for generic pharmaceuticals
  c. The market for sport shoes
 d. The market for fast food

Question 2

If the bidders at an oral auction have true values of 78, 72, 66, and 65, the item will sell for
 a. 78
 b. just under 78
  c. 72
 d. just over 72


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

poopface

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

d


sjones

  • Member
  • Posts: 520
Reply 2 on: Jul 1, 2018
Excellent

okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق" Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library