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

Author Question: Monopolistic competition and perfect competition are different in that monopolistically competitive ... (Read 56 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
Monopolistic competition and perfect competition are different in that monopolistically competitive firms:
 a. cannot earn profits in the short run.
 b. face firm demand curves that are less elastic than perfectly competitive firms.
  c. face substantial barriers to entry.
 d. earn economic profits in the long run.

Question 2

Which of the following is an example of an obligation associated with a right?
 a. Providing adequate notice period to your tenants to vacate your house.
  b. Allowing your kids to play with other children in the neighborhood.
  c. Allowing neighbors to use your lawn to maintain healthy public relations.
  d. Providing proper education and adequate nutrition to your children.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

A


jessicacav

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma Sexual swellings are one way for females to advertise their mating availability, thereby inducing ma
"Practice makes perfect" "Practice makes perfect"
Effects of competitive inhibition on enzyme kinetics Effects of competitive inhibition on enzyme kinetics
European swimming competition European swimming competition
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Competitive firms and maximization Competitive firms and maximization
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library