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 96 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?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Competition among Paramecium species. Competition among Paramecium species.
Model Organism Drosophila Model Organism Drosophila
Fibromyalg​ia Model Fibromyalg​ia Model
Sustainable Food Systems Model Sustainable Food Systems Model
Model of GABA - receptor chloride channel Model of GABA - receptor chloride channel
Model of the lactose operon repressor Model of the lactose operon repressor
Video: Chemical Changes

For a complete list of videos, visit our video library