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

Author Question: Using the data in the above table, at the price of 80 a phone, a A) shortage of 25 thousand ... (Read 21 times)

anjilletteb

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Using the data in the above table, at the price of 80 a phone, a
 
  A) shortage of 25 thousand cellular telephones occurs.
  B) surplus of 80 thousand cellular telephones occurs.
  C) surplus of 25 thousand cellular telephones occurs.
  D) shortage of 55 thousand cellular telephones occurs.

Question 2

Which of the following is part of the market structure for monopolistic competition?
 
  A) barriers to entry
  B) a large number of firms compete
  C) each firm produces a differentiated product
  D) Both answers B and C are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

moormoney

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


anjilletteb

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Wow, this really help

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Periodic Table Periodic Table
Complete the table by dragging the white labels to the gray targets, the blue la Complete the table by dragging the white labels to the gray targets, the blue la
Use a step stool to help an infirm client get on and off the table. Use a step stool to help an infirm client get on and off the table.
Demographic Data for India Demographic Data for India
Data management questions Data management questions
Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia). Type III curve. Mortality is highest early in life. Data for a desert shrub (Cleome droserifolia).
Video: Introduction to Human Immunodeficiency Virus (HIV)

For a complete list of videos, visit our video library