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

Author Question: The market demand curve is ____ and the demand curve for a single firm in a competitive market is ... (Read 123 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
The market demand curve is ____ and the demand curve for a single firm in a competitive market is ____.
 A) horizontal, horizontal
  B) downward sloping, horizontal
  C) downward sloping, downward sloping
  D) horizontal, downward sloping

Question 2

Exit from a market will stop when
 A) accounting losses are zero.
  B) the cost of capital is equal to the risk-free rate of return.
  C) economic losses are zero.
  D) none of these choices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nixon_s

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


yoooooman

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
A Dose-Response Curve A Dose-Response Curve
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A single overhead camshaft engine with a timing belt that also rotates the water pump. A single overhead camshaft engine with a timing belt that also rotates the water pump.
Homologous recombination: single versus double crossovers Homologous recombination: single versus double crossovers
Video: Coronary Heart Disease

For a complete list of videos, visit our video library