« previous next »

Author Question: Firms in a(n) ________ produce an efficient scale of output. A) monopolistically competitive ... (Read 74 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?

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?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

The small-scale distribution of different tree species in a Douglas-fir forest is determined by both The small-scale distribution of different tree species in a Douglas-fir forest is determined by both
A trilobite fragment (T) in a thin-section of an Ordovician limestone; E=echinoderm; scale bar is 2 A trilobite fragment (T) in a thin-section of an Ordovician limestone; E=echinoderm; scale bar is 2
pH scale pH scale
A model of anxiety in which stressful events or a changing mental condition can produce unfavorable A model of anxiety in which stressful events or a changing mental condition can produce unfavorable
Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
pH Scale - Weak Acid and their conjugate Base pH Scale - Weak Acid and their conjugate Base
Video: Gastrulation: cross section of the frog

For a complete list of videos, visit our video library