« previous next »

Author Question: Firms in a(n) ________ produce an efficient scale of output. A) monopolistically competitive ... (Read 75 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?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Four different spindle attachments produce four second-division segregation patterns Four different spindle attachments produce four second-division segregation patterns
Major features of the Solar System (not to scale) Major features of the Solar System (not to scale)
Urine output. Urine output.
The Procedure Used to Produce Conditioned Emotional Responses The Procedure Used to Produce Conditioned Emotional Responses
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
Weight Scale Weight Scale
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library