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

Author Question: A firm will only earn normal profit in the long run a. if firms can freely enter or leave the ... (Read 28 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
A firm will only earn normal profit in the long run
 a. if firms can freely enter or leave the market
  b. if firms do not try to maximize profit
  c. only if the industry is perfectly competitive
  d. whenever products are not differentiated
  e. if barriers to entry exist

Question 2

Why might two presidential candidates appear to have very similar opinions during an election year even if they come from different parties?
 a. They aim to please special-interest groups.
  b. They are logrolling.
  c. They try to appeal to the median voter.
  d. Republicans and Democrats usually agree on most issues.
  e. They don't wish to appear rationally ignorant.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brummell1998

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

A

Answer to Question 2

C


Frost2351

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Wow, this really help

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Membrane potential of a cell freely permeable to sodium only. Membrane potential of a cell freely permeable to sodium only.
Brush off the back. Apply several long brushing strokes from head to hips to finish the session. Brush off the back. Apply several long brushing strokes from head to hips to finish the session.
Types of Long-Term Memories Types of Long-Term Memories
Normal frequency distribution, characterized by a bell-shaped curve Normal frequency distribution, characterized by a bell-shaped curve
In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ... In 2000, the average charge of tax preparation was 95 . Assuming a normal distribution and a ...
Video: Fermentation pathways

For a complete list of videos, visit our video library