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

Author Question: If more firms enter the telecommunications industry, we can expect the equilibrium price of telecom ... (Read 61 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
If more firms enter the telecommunications industry, we can expect the equilibrium price of telecom services to decrease and the equilibrium number of services to increase.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following will not shift the production possibilities curve outward?
 a. an improvement in technology, which increases the efficiency of inputs
  b. the discovery of significant oil reserves in Alaska
 c. a decrease in capacity utilization of existing factories
 d. additions to the stock of physical capital


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


sam.t96

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 30, 2018
Thank you


nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

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
Othmer’s Equilibrium Still Schematic Diagram Othmer’s Equilibrium Still Schematic Diagram
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
A variety of organic compounds from food can enter the reactions of aerobic respiration. A variety of organic compounds from food can enter the reactions of aerobic respiration.
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library