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

Author Question: In an Edgeworth box, all points of efficiency occur at the A) intersections of the indifference ... (Read 79 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jul 1, 2018
In an Edgeworth box, all points of efficiency occur at the
 
  A) intersections of the indifference curves.
  B) the points of tangency between the sets of indifference curves.
  C) in the midpoint of the diagram.
  D) at any point other than the intersections of the indifference curves.

Question 2

In the ________, one firm sets its output first, and then a second firm, after observing the first firm's output, makes its output decision.
 
  A) Cournot model
  B) model of monopolistic competition
  C) Bertrand model
  D) kinked-demand model
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

abctaiwan

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

E


Themember4

  • Member
  • Posts: 538
Reply 2 on: Jul 1, 2018
Excellent

amcvicar

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

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.

Examples of covalent modifications that occur to the amino terminal tails of histone proteins. The a Examples of covalent modifications that occur to the amino terminal tails of histone proteins. The a
The nurse needs to inform the patient with impaired vision when a touch is to occur and ask permissi The nurse needs to inform the patient with impaired vision when a touch is to occur and ask permissi
Levallois points and flakes from Kapthurin, Kenya date to between 200,000 and 280,000 years ago. Levallois points and flakes from Kapthurin, Kenya date to between 200,000 and 280,000 years ago.
The primary pulse points of the body. The primary pulse points of the body.
Apply vibration clockwise around abdomen with fingertips to points in a circle over the colon. Apply vibration clockwise around abdomen with fingertips to points in a circle over the colon.
Modification steps (1–4) that occur in maturation of E. coli tRNATyr from its transcript Modification steps (1–4) that occur in maturation of E. coli tRNATyr from its transcript
Video: Stroke volume - preload, sarcomere length and Frank -Starling law

For a complete list of videos, visit our video library