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

Author Question: The automobile, steel, and oil markets are all examples of: a. perfectly competitive markets. b. ... (Read 112 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jun 30, 2018
The automobile, steel, and oil markets are all examples of:
 a. perfectly competitive markets.
  b. monopolies.
  c. monopolistically competitive markets.
  d. oligopolies.

Question 2

Economists say that a firm has a normal profit when:
 a. it earns a return of at least 10 percent.
  b. its accounting profit is positive.
  c. it can pay all its variable costs.
  d. its economic profit is zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 30, 2018
Wow, this really help

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Examples of deep-sea corals found in the Sable Gully, 200 km off the coast of Nova Scotia. Examples of deep-sea corals found in the Sable Gully, 200 km off the coast of Nova Scotia.
Examples of common surgical positions. Examples of common surgical positions.
Examples of NANDA nursing diagnosis Examples of NANDA nursing diagnosis
Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St Examples of Scenarios Involving Nonmoral, Impersonal Moral, and Personal Moral Judgments from the St
Examples of endocrine disorders. (D) A patient with gigantism. Examples of endocrine disorders. (D) A patient with gigantism.
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library