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

Author Question: Which of the following is characteristic of a monopolistic competitor? a. a standardized product b. ... (Read 11 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
Which of the following is characteristic of a monopolistic competitor?
 a. a standardized product
 b. the ability to influence price
 c. allocative efficiency
 d. a horizontal firm demand curve

Question 2

Property rights specified in a contract are always open-ended and they exhaustively specify the owner's alternatives.
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katara

  • Sr. Member
  • ****
  • Posts: 305
Answer to Question 1

b

Answer to Question 2

F




Pineapplelove6

  • Member
  • Posts: 560
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Excellent

 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library