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

Author Question: Which of the following is inconsistent with the model of perfect competition? a. ease of entry into ... (Read 167 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
on: Jun 30, 2018
Which of the following is inconsistent with the model of perfect competition?
 a. ease of entry into an industry
  b. ease of exit from an industry
  c. many buyers and sellers in the industry
  d. advertising of product differences in the industry
  e. a horizontal demand curve facing each firm in the industry

Question 2

Special-interest groups, such as the pharmaceutical lobby, often get what they demand because
 a. politicians are rationally ignorant
  b. voters are rationally ignorant
  c. they engage in logrolling
  d. they represent the median voter
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pocatato

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


Zulu123

  • Member
  • Posts: 525
Reply 2 on: Jun 30, 2018
Gracias!

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ... Filippo Brunelleschi, Sacrifice of Isaac, competition relief commissioned for the doors of the ...
A model for the operation of voltage-gated sodium channels. A model for the operation of voltage-gated sodium channels.
The seven components of the Wernicke-Geschwind model. The seven components of the Wernicke-Geschwind model.
A model of T7 gp4 helicase action A model of T7 gp4 helicase action
Biking competition in the park Biking competition in the park
The attenuation model regulating the tryptophan operon The attenuation model regulating the tryptophan operon
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library