[Answered] Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ...

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

Author Question: Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ... (Read 96 times)

appyboo

Hero Member
Posts: 527

on: Jun 30, 2018

Easy entry and exit cause oligopoly profits to be zero in the long run.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Marginal cost is defined as the increase in total cost resulting from an increase in:
a. one unit of output.
b. output of 100 units.
c. a firm's plant size.
d. one unit of labor.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

shaikhs

Sr. Member
Posts: 312

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

a

appyboo

Hero Member
Posts: 527

Reply #2 on: Jun 30, 2018

Correct answers!

shaikhs

Sr. Member
Posts: 312

Reply #3 on: Jun 30, 2018

Great! Please up vote

« previous next »

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Role of PKM-zeta in Long-Lasting Long-Term Potentiation

EMERGENCY TRAUMA ASSESSMENT MADE EASY

As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ...

How long does it take for 90% of a sample of strontium-90 (half-life of 28.8 years) to decay?

Long Term Control Medications

Easy way to remember to formula to calculate volume of a cylinder

Author Question: Easy entry and exit cause oligopoly profits to be zero in the long run. a. True b. False Indicate ... (Read 96 times)

Related Topics

Need homework help now?