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

Author Question: If there are a large number of firms in a monopolistically competitive industry A) long-run ... (Read 29 times)

danielfitts88

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
If there are a large number of firms in a monopolistically competitive industry
 
  A) long-run profit will be equal to zero.
  B) the country in which the firms are located can be expected to export the goods they produce.
  C) there will be barriers to entry that prevent addition firms from entering the industry.
  D) the firms will converge production on a standardized product.
  E) there will be a small number of firms that are very large and the rest will be very small.

Question 2

Which agreement removes customs and passport controls at the common borders of many EU countries?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

Schengen Agreement


danielfitts88

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Excellent

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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.

Overview of material uptake and long-distance transport processes in plants Overview of material uptake and long-distance transport processes in plants
The Blue-bearded Bee-eater Nyctyornis athertoni is a large species of bee-eater found in South Asia. The Blue-bearded Bee-eater Nyctyornis athertoni is a large species of bee-eater found in South Asia.
The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri The relationship between number of acres a Kipsigis man owns and the number of offspring he has duri
Oil Refineries Are Large and Complex Facilities Oil Refineries Are Large and Complex Facilities
A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan A passenger train crosses Stony Creek Bridge in the Rocky Mountains in 1878. Railroads were importan
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
Video: Hormones and the menstrual cycle Animation

For a complete list of videos, visit our video library