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 96 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
Thanks for the timely response, appreciate it

Dinolord

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

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

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.

Competition in a forest can be as intense as competition on a coral reef. However, much of the compe Competition in a forest can be as intense as competition on a coral reef. However, much of the compe
Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen Competition can be (a) direct, or (b) indirect interaction among individuals of the same or differen
Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ... Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ...
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
European swimming competition European swimming competition
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library