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

Author Question: Which of the following groups lists the four factors of production? A) labor, capital, land, ... (Read 123 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Which of the following groups lists the four factors of production?
 
  A) labor, capital, land, entrepreneurship
  B) labor, capital, land, money
  C) labor, money, land, entrepreneurship
  D) labor, capital, money, entrepreneurship

Question 2

A monopolistically competitive firm is like an oligopolistic firm insofar as
 
  A) both face perfectly elastic demand.
  B) both can earn an economic profit in the long run.
  C) both have MR curves that lie beneath their demand curves.
  D) neither is protected by high barriers to entry.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

princessflame2016

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
Gracias!

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil
Cell surface recognition factors Cell surface recognition factors
Limiting factors restrain population growth Limiting factors restrain population growth
The production of electricity from coal is inefficient The production of electricity from coal is inefficient
Factors That Contribute to Eating Disorders Factors That Contribute to Eating Disorders
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Video: PET Scan Animation

For a complete list of videos, visit our video library