« previous next »

Author Question: A firm facing a horizontal demand curve: a. cannot affect the price it receives for its output. b. ... (Read 75 times)

evelyn o bentley

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
A firm facing a horizontal demand curve:
 a. cannot affect the price it receives for its output.
 b. is unlikely to price its goods below market price.
 c. faces a perfectly elastic demand curve for its product.
  d. is characterized by all of the above.

Question 2

Common ownership may fail to ensure that harvesting of renewable resources does not exceed the maximum sustainable yield.
 a. True
  b. False
  Indicate whether the statement is true or false


beccamahon

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Three ways that factors affect mortality in response to changes in population density. Three ways that factors affect mortality in response to changes in population density.
The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen The functional structure of the peripheral nervous system. (A) Afferent or sensory neurons carry sen
Cardiac Output Cardiac Output
Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Effleurage hand over hand along spinal muscles. Stand at the side directly facing the table and ... Effleurage hand over hand along spinal muscles. Stand at the side directly facing the table and ...
Video: Audiology

For a complete list of videos, visit our video library