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 17 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
:D TYSM


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

For a complete list of videos, visit our video library