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 22 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
YES! Correct, THANKS for helping me on my review

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Beaker with ibex, dogs, and long-necked birds, from southwest Iran. Beaker with ibex, dogs, and long-necked birds, from southwest Iran.
Average Number of Hours Slept per Day by Various Mammalian Species Average Number of Hours Slept per Day by Various Mammalian Species
Types of Long-Term Memories Types of Long-Term Memories
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take
The Oil Industry: BOEM iron triangle The Oil Industry: BOEM iron triangle
Video: Skin Cancer

For a complete list of videos, visit our video library