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

Author Question: According to your authors, the model of perfect competition A) is an accurate description of ... (Read 76 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Jun 29, 2018
According to your authors, the model of perfect competition
 
  A) is an accurate description of real-world markets.
  B) obscures how plan coordination occurs in the real world.
  C) explains how economic profits can exist over time.
  D) explains economic losses better than economic profits.

Question 2

Which seller is selling short?
 
  A) Colleges that require the entire term's tuition prior to the first day of class
  B) A magazine that sells you a two-year subscription
  C) A major league baseball team that sells you a season ticket
  D) They are all selling short.
  E) None is selling short because all are reducing their risks.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


justinmsk

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


bitingbit

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

A molecular model showing chromosome territories in the cell nucleus of humans A molecular model showing chromosome territories in the cell nucleus of humans
Fluid mosaic model Fluid mosaic model
ear model ear model
Lab Model: Lancelet Lab Model: Lancelet
Information Processing Model The components of the model operate simultaneously. Information Processing Model The components of the model operate simultaneously.
Drug Classification and Description of Use Drug Classification and Description of Use
Video: Darwin's Observation (Fossils, Galapagos Islands & Africa ) and Natural Selection (Adaptive Traits)

For a complete list of videos, visit our video library