« previous next »

Author Question: Firms in a(n) ________ produce an efficient scale of output. A) monopolistically competitive ... (Read 21 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
Firms in a(n) ________ produce an efficient scale of output.
 
  A) monopolistically competitive market
  B) monopoly market
  C) oligopoly market with differentiated products
  D) perfectly competitive market

Question 2

A consumer has 50 to spend. He has to decide between buying two goods: magazines priced at 5 each and DVDs priced at 10 each. Which of the following combinations of the two goods will exactly satisfy his budget constraint?
 
  A) 3 magazines and 4 DVDs
  B) 2 magazines and 4 DVDs
  C) 6 magazines and 1 DVD
  D) 2 magazines and 2 DVDs


Ddddd

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

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?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Recombinants are meiotic output different from meiotic input Recombinants are meiotic output different from meiotic input
When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV. When the exhaust is lean, the output of a zirconia oxygen sensor is below 450 mV.
A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ... A typical accelerator pedal position (APP) sensor, showing two different output voltage signals ...
Production-scale tangential flow filtration system. Production-scale tangential flow filtration system.
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library