This topic contains a solution. Click here to go to the answer

Author Question: ________ is an industry with a single firm in which the entry of new firms is blocked. (Read 21 times)

MGLQZ

  • Hero Member
  • *****
  • Posts: 579

Question 1

Which of the following is a major source of inefficiency?


◦ market power
◦ perfect competition
◦ price taking
◦ All of these

Question 2

________ is an industry with a single firm in which the entry of new firms is blocked.


◦ A monopoly
◦ Monopolistic competition
◦ An oligopoly
◦ Perfect competition


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by MGLQZ on Apr 19, 2019

AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
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 47% of students answer this correctly




MGLQZ

  • Member
  • Posts: 579
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

 

Did you know?

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

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

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.

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.

For a complete list of videos, visit our video library