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

Author Question: Perfect competition implies that A) there are many firms in the market. B) all firms are price ... (Read 151 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
on: Jun 29, 2018
Perfect competition implies that
 
  A) there are many firms in the market.
  B) all firms are price takers.
  C) all firms are producing the same identical product.
  D) All of the above answers are correct.

Question 2

The growth theory that predicts perpetual economic growth is
 
  A) classical growth theory.
  B) neoclassical growth theory.
  C) the new growth theory.
  D) real growth theory.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kaytorgator

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


naturalchemist

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
Wow, this really help

covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Competition among Paramecium species. Competition among Paramecium species.
Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Economic objectives of firms Economic objectives of firms
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
"The Department of Agriculture came out today with its prediction for food price "The Department of Agriculture came out today with its prediction for food price
Lastlings - Perfect World (Official Music Video) Lastlings - Perfect World (Official Music Video)
Video: Introduction to Autism

For a complete list of videos, visit our video library