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

Author Question: Which of the following is a characteristic of perfect competition? a. homogeneous products b. many ... (Read 54 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
Which of the following is a characteristic of perfect competition?
 a. homogeneous products
  b. many sellers
 c. many buyers
 d. all of the above

Question 2

The supply of land being fixed, the earnings from land are called transfer earnings.
 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

aruss1303

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

d

Answer to Question 2

False




HudsonKB16

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library