« previous next »

Author Question: The supply curve of a producer, whose costs vary continuosly with output will be: a. a straight ... (Read 55 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The supply curve of a producer, whose costs vary continuosly with output will be:
 a. a straight line vertical to the output axis.
  b. a straight line horizontal to the output axis.
  c. the positively sloped portion of the marginal cost curve.
  d. the negatively sloped portion of the marginal cost curve.

Question 2

In general, the two extreme cases of market structure models are represented by:
 a. monopolistic competition and oligopoly.
  b. oligopoly and monopoly.
  c. oligopoly and perfect competition.
  d. perfect competition and monopoly.
  e. perfect monopoly and oligopolistic competition.


anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Stars vary widely in size. Stars vary widely in size.
Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy The titration curve of phosphoric acid (H3PO4), a common buffer in biological sy
The age-dependent curve of salivary progresterone levels in three populations. The age-dependent curve of salivary progresterone levels in three populations.
An Inverted U Curve An Inverted U Curve
Hockey stick” curve Hockey stick” curve
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library