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

Author Question: The feature of the above figure that indicates that the firm is a perfectly competitive firm is the ... (Read 40 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Jun 29, 2018
The feature of the above figure that indicates that the firm is a perfectly competitive firm is the
 
  A) shape of the total cost curve.
  B) shape of the total revenue curve.
  C) fact that the total cost and total revenue curves are farthest apart at output is Q2.
  D) fact that the total cost and total revenue curves cross twice.

Question 2

A creditor nation means a nation
 
  A) whose exports exceed its imports.
  B) whose current account is larger than its capital account.
  C) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.
  D) who through its history has invested more in the rest of the world than other countries have invested in it.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


folubunmi

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Jun 29, 2018
Correct answers!


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The Hydrocephalus. The figure on the left is a child with the enlarged ventricles of hydrocephalus. The
A peroxidation reaction involving a fatty acid is depicted in the figure below. A peroxidation reaction involving a fatty acid is depicted in the figure below.
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Some ignition coils are electrically connected, called married (top figure), whereas others use ... Some ignition coils are electrically connected, called married (top figure), whereas others use ...
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library