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 135 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
Great answer, keep it coming :)


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Excellent

 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library