This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is a characteristic of a perfectly competitive market? a. Homogeneous ... (Read 28 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Which of the following is a characteristic of a perfectly competitive market?
 a. Homogeneous products.
 b. Barriers to entry.
 c. Substantial expenditures on advertising.
  d. All of the above.

Question 2

It is difficult to practice arbitrage for untradable services or for goods which have a few knowledgeable traders.
  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

al

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

T


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Mackerel tabby, showing the characteristic "M" on its forehead. Mackerel tabby, showing the characteristic "M" on its forehead.
Cushing’s syndrome. A photograph of a woman with the characteristic facial features of Cushing’s syn Cushing’s syndrome. A photograph of a woman with the characteristic facial features of Cushing’s syn
Different ANA staining patterns and related autoimmune diseases. (a) Homogeneous staining, (b) ... Different ANA staining patterns and related autoimmune diseases. (a) Homogeneous staining, (b) ...
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
Competitive firms and maximization Competitive firms and maximization
Chromatin states, gene content, and characteristic histone modifications Chromatin states, gene content, and characteristic histone modifications
Video: Generalized life cycles for plants and animals Animation

For a complete list of videos, visit our video library