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

Author Question: A market structure in which identical goods are produced by several different firms and sold at the ... (Read 78 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
A market structure in which identical goods are produced by several different firms and sold at the market determined price is referred to as:
 
  A) an oligopoly.
  B) a monopoly.
  C) perfect competition.
  D) monopolistic competition.

Question 2

When y changes, x stays the same. The line depicting this relationship would be
 
  A) vertical.
  B) horizontal.
  C) linear with a negative slope.
  D) linear with a positive slope.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lolol

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


acc299

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

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.

Structure of phospholipids Structure of phospholipids
Diversity within the family structure. Diversity within the family structure.
The light produced by fireflies is the result of a reaction The light produced by fireflies is the result of a reaction
Structure of a Kerr (Rotating) Black Hole Structure of a Kerr (Rotating) Black Hole
Skin structure. Three-dimensional view of the skin, subcutaneous tissue, glands, and hairs Skin structure. Three-dimensional view of the skin, subcutaneous tissue, glands, and hairs
Laboratory-Produced Protocells Laboratory-Produced Protocells
Video: Labor and Childbirth - The Three Stages of Labor: Dilation, Expulsion & Placental مراحل الولادة

For a complete list of videos, visit our video library