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

Author Question: Which of the following is not consistent with perfect competition? a. all firms face the same ... (Read 47 times)

abarnes

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
Which of the following is not consistent with perfect competition?
 
  a. all firms face the same costs.
  b. firms cannot determine the price of the goods they sell.
  c. the marginal product of labor is diminishing.
  d. firms negotiate the same wages for different workers.

Question 2

The real interest rate ________ inflation ________.
 
  A) is unaffected in the long run by; because of the classical dichotomy
  B) moves one for one with expected; in the long run
  C) always increases with; but because of the Fisher effect lower expected inflation ensues
  D) all of the above
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

makaylafy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


abarnes

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
:D TYSM

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

The different types of competition in nature. The different types of competition in nature.
Connell's experimental manipulation of species indicated the presence of competition. Connell's experimental manipulation of species indicated the presence of competition.
(A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th (A) A 62-year-old patient with myxedema exhibiting marked edema of the face and a somnolent look. Th
Face Mites Face Mites
a) Face the direction of your stroke. b) Avoid facing away from your stroke. a) Face the direction of your stroke. b) Avoid facing away from your stroke.
Use face cradle covers to prevent the client’s skin from touching the face cradle upholstery. Use face cradle covers to prevent the client’s skin from touching the face cradle upholstery.
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library