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 127 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
Great answer, keep it coming :)

tuate

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Lab: Amoeba Model Lab: Amoeba Model
Power in the United States: The Model Proposed by C. Wright Mills Power in the United States: The Model Proposed by C. Wright Mills
A Mental Model of the Craftsman Experiment A Mental Model of the Craftsman Experiment
Trombone Model of DNA Trombone Model of DNA
The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ... The CAMEO entry for chlorine. Useful information includes chemical and physical properties, personal ...
Opener Bronze sculpture of the Watson–Crick model for double-helical DNA Opener Bronze sculpture of the Watson–Crick model for double-helical DNA
Video: Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library