« previous next »

Author Question: Which of the following is true? a. Monopolists, monopolistically competitive firms and perfectly ... (Read 72 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Jun 30, 2018
Which of the following is true?
 a. Monopolists, monopolistically competitive firms and perfectly competitive firms all earn positive economic profits in the long run.
  b. Monopolists, monopolistically competitive firms and perfectly competitive firms all earn zero economic profits in the long run.
  c. Only monopolists and monopolistically competitive firms, but not perfectly competitive firms, can earn positive economic profits in the long run.
  d. Monopolists, monopolistically competitive firms and perfectly competitive firms can potentially all earn positive economic profits in the short run.

Question 2

The _____ is both a forum where farmers decide what their dues will purchase, and an organization that informally coerces payments from them.
 a. beekeeper's cooperative
  b. government cooperative
  c. beekeeper's association
  d. farmer's association


Dnite

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
True-color view of Mars seen through NASA's Hubble Space Telescope in 1999 True-color view of Mars seen through NASA's Hubble Space Telescope in 1999
True Friendship True Friendship
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition Strategic Management and Competitive Advantage: Concepts and Cases, 6th Edition
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library