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

Author Question: In the short run, a perfectly competitive firm can earn: a. positive economic profits. b. zero ... (Read 117 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
In the short run, a perfectly competitive firm can earn:
 a. positive economic profits.
  b. zero economic profits.
 c. negative economic profits.
  d. any of the above.

Question 2

The welfare programs undertaken by the U.S. government have been universally successful in reducing poverty and fostering economic growth.
 a. True
  b. False
  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

adf223

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

d

Answer to Question 2

False




D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library