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

Author Question: Entry drives economic profits to zero. Indicate whether the statement is true or ... (Read 56 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
Entry drives economic profits to zero.
  Indicate whether the statement is true or false

Question 2

Which of the following statements is true about public goods?
 a. They are always produced by the government.
  b. The market-determined output is efficient.
  c. The government can hire a private entity to produce a public good.
  d. Nonexcludability is sufficient condition for a good to classified as a public good.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stanleka1

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

C


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives. The most commonly used socket drive sizes include 1/4, 3/8, and 1/2 inch drives.
An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ... An intermediate shaft drives the oil pump on this overhead camshaft engine. Note the main gallery ...
economic question economic question
economic question economic question
Video: Chronology of leptin research (A history of leptin research)

For a complete list of videos, visit our video library