This topic contains a solution. Click here to go to the answer

Author Question: A firm in perfect competition perceives the demand curve to be downward sloping. Indicate whether ... (Read 29 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
A firm in perfect competition perceives the demand curve to be downward sloping.
  Indicate whether the statement is true or false

Question 2

A car purchased by you is rival because:
 a. you can prevent others from using your car.
  b. it has many competitors.
  c. your use of this car makes it unavailable for others.
  d. it is nonexcludable.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anyusername12131

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

False

Answer to Question 2

C




gbarreiro

  • Member
  • Posts: 566
Reply 2 on: Jun 30, 2018
Excellent


raenoj

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library