« previous next »

Author Question: Pick the true statement regarding the notion of competition as a process versus the model of perfect ... (Read 67 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Pick the true statement regarding the notion of competition as a process versus the model of perfect competition.
 
  A) The process notion allows for uncertainty and incomplete information; perfect competition doesn't.
  B) The process notion allows for price searching activity; perfect competition doesn't.
  C) The process notion allows for product differentiation; perfect competition doesn't.
  D) The process notion allows for a small number of participants; perfect competition doesn't.
  E) All of the above are true.

Question 2

Keynes rhymes with
 
  A) beans.
  B) gains.
  C) genies.
  D) none of the above.


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

wenmo

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


kxciann

  • Sr. Member
  • ****
  • Posts: 356
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Normal artery versus plaque formation Normal artery versus plaque formation
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Power in the United States: The Model Proposed by C. Wright Mills Power in the United States: The Model Proposed by C. Wright Mills
Basbaum and Fields’s (1978) model of the descending analgesia circuit. Basbaum and Fields’s (1978) model of the descending analgesia circuit.
The policymaking process The policymaking process
A polygenic model for a threshold trait A polygenic model for a threshold trait
Video: Fetal development - Weeks 9 to 38

For a complete list of videos, visit our video library