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

Author Question: All of the following are assumptions of monopolistic competition EXCEPT A) many buyers and ... (Read 96 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Jun 29, 2018
All of the following are assumptions of monopolistic competition EXCEPT
 
  A) many buyers and sellers.
  B) homogeneous product.
  C) easy entry of new firms in the long run.
  D) profit-maximizing behavior.

Question 2

Positive statements can contain
 
  A) opinions and conditions.
  B) facts and predictions.
  C) a mixture of facts and opinions.
  D) logical arguments mixed with statements of opinion.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Joy Chen

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


colton

  • Member
  • Posts: 627
Reply 2 on: Jun 29, 2018
:D TYSM

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

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?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

The different types of competition in nature. The different types of competition in nature.
A stallion with a proven competition record is one criterion for being a suitable sire. A stallion with a proven competition record is one criterion for being a suitable sire.
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital" Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
Richard Wrangham’s “female-bonded” theory of intergroup competition was highly influential in our un Richard Wrangham’s “female-bonded” theory of intergroup competition was highly influential in our un
Like other aspects of culture, religion is filled with background assumptions that usually go ... Like other aspects of culture, religion is filled with background assumptions that usually go ...
The general description of allele and genotype frequencies under Hardy–Weinberg assumptions The general description of allele and genotype frequencies under Hardy–Weinberg assumptions
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library