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

Author Question: Monopolists, unlike perfectly competitive firms, can continue to earn positive economic profits over ... (Read 94 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
Monopolists, unlike perfectly competitive firms, can continue to earn positive economic profits over time.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Firms in industrial countries find a larger market for their goods in other industrial countries than in developing countries because:
 a. the consumption patterns in the industrial countries are highly heterogeneous.
  b. the trade policies of the industrial nations are more favorable than the developing countries.
  c. the industrial countries tend to have a higher population than the developing countries.
  d. the industrial countries are capital intensive countries.
  e. the consumption patterns in the industrial countries are more or less uniform.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Mollythedog

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

True

Answer to Question 2

e




j.rubin

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Excellent


Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library