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

Author Question: The monopolistic competition market structure is characterized by: a. few firms and similar ... (Read 95 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
The monopolistic competition market structure is characterized by:
 a. few firms and similar products.
  b. many firms and differentiated products.
  c. many firms and a homogeneous product.
  d. few firms and a homogeneous product.

Question 2

The marginal rate of substitution measures the slope of the:
 a. total utility curve.
  b. demand curve.
  c. budget line.
  d. indifference curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Generalized flower structure. Generalized flower structure.
Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss. Terrestrial plants and animals can be characterized by analogous pathways for water gain and loss.
DNA detail structure DNA detail structure
Structure of a typical neuron. Structure of a typical neuron.
Structure and properties of pro-opiomelanocortin Structure and properties of pro-opiomelanocortin
The chemical structure of the water molecule The chemical structure of the water molecule
Video: Red alga life cycle Animation

For a complete list of videos, visit our video library