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

Author Question: In the Cournot model, a firm maximizes profit by selecting A) its output, assuming that other ... (Read 169 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
In the Cournot model, a firm maximizes profit by selecting
 
  A) its output, assuming that other firms keep their output constant.
  B) its price, assuming that other firms keep their price constant.
  C) its output, assuming that other firms will retaliate.
  D) its price, assuming that other firms will retaliate.

Question 2

During the Black Plague, capital became worthless. What can explain this?
 
  A) Capital's marginal product fell because there was less labor.
  B) Capitalists died off at a greater rate than the workers.
  C) Capital's marginal product increased but the marginal product of labor decreased.
  D) Workers forgot how to use the capital.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

braelync

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


maychende

  • Member
  • Posts: 556
Reply 2 on: Jul 1, 2018
Gracias!

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Media Practice Model Media Practice Model
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model. Roberts's Assessment, Crisis Intervention, and Trauma Treatment (ACT) model.
A Mental Model of the Craftsman Experiment A Mental Model of the Craftsman Experiment
Model for translocon function Model for translocon function
Holley’s two-dimensional cloverleaf model of transfer RNA Holley’s two-dimensional cloverleaf model of transfer RNA
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library