« previous next »

Author Question: One benefit of monopolistic competition over perfect competition is A) economic profit. B) ... (Read 121 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
One benefit of monopolistic competition over perfect competition is
 
  A) economic profit.
  B) product variety.
  C) excess capacity.
  D) efficiency.

Question 2

The ________ effect can be divided into the ________ effect and the ________ effect.
 
  A) marginal; substitution; price
  B) income; substitution; price
  C) substitution; price; income
  D) price; substitution; income


lauravaras

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

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?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

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
Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma
Economic and Social Development Economic and Social Development
economic question economic question
economic question economic question
economic question (having trouble) economic question (having trouble)
Video: Types of energy transfer reactions: oxidation-reduction reactions and ATP generation reactions

For a complete list of videos, visit our video library