« previous next »

Author Question: All of the following are characteristics of monopolistic competition EXCEPT A) a few firms ... (Read 93 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 29, 2018
All of the following are characteristics of monopolistic competition EXCEPT
 
  A) a few firms dominate the industry.
  B) product differentiation.
  C) many firms in the industry.
  D) advertising.

Question 2

Productivity relates to
 
  A) working harder over time.
  B) working longer over time.
  C) producing the same output with fewer labor hours.
  D) producing the same output with more labor hours.


nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

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.

Connell's experimental manipulation of species indicated the presence of competition. Connell's experimental manipulation of species indicated the presence of competition.
A horse and rider in dressage competition at the Olympics A horse and rider in dressage competition at the Olympics
Alexander Fleming photographed in his lab where he observed the natural competition between a fungus Alexander Fleming photographed in his lab where he observed the natural competition between a fungus
Hormones and secondary sex characteristics Hormones and secondary sex characteristics
Animated! Organisms are classified into groups according to their characteristics Animated! Organisms are classified into groups according to their characteristics
Competitive firms and maximization Competitive firms and maximization
Video: Summary of glucose catabolism

For a complete list of videos, visit our video library