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 98 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
Great answer, keep it coming :)

jamesnevil303

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Examples of common surgical positions. Examples of common surgical positions.
Examples of Minor Physical Abnormalities Associated with Schizophrenia Examples of Minor Physical Abnormalities Associated with Schizophrenia
Examples of the most common X-ray positions and the images they produce. Examples of the most common X-ray positions and the images they produce.
Examples of Mission Statements Examples of Mission Statements
Examples of glycosphingolipids Examples of glycosphingolipids
Examples of Autoantibodies Associated with Autoimmune Disorders Examples of Autoantibodies Associated with Autoimmune Disorders
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library