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

Author Question: Monopolistic competition describes a situation where: a. a few firms produce a standardized ... (Read 49 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
Monopolistic competition describes a situation where:
 a. a few firms produce a standardized product.
 b. a large number of firms produce differentiated products.
  c. a few firms produce differentiated products.
 d. there are substantial barriers to entry.

Question 2

_____ refers to an enforceable set of promises to take certain actions over the future.
 a. A bond
  b. A contract
  c. A capitation fee
  d. A collusion


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Koolkid240

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

B


Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
:D TYSM

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Everyone has one nostril that is larger than the other.

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.

Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
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
Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu Diverticulosis. It is the presence of abnormal pouches in the wall of the large intestine (diverticu
The transition from college to first job can be a triggering situation for new growth in meaning ... The transition from college to first job can be a triggering situation for new growth in meaning ...
A dose-response curve describes the relationship between the quantity of the chemical entering the ... A dose-response curve describes the relationship between the quantity of the chemical entering the ...
Bt corn has been genetically engineered to produce a protein Bt corn has been genetically engineered to produce a protein
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library