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 51 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
YES! Correct, THANKS for helping me on my review

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Normal lung and one with emphysema. Normal lung and one with emphysema.
On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb On November 11, 1887, four anarchists were hanged in Chicago on charges that they had thrown a bomb
Beaker with ibex, dogs, and long-necked birds, from southwest Iran. Beaker with ibex, dogs, and long-necked birds, from southwest Iran.
A) Normal bronchiole and (B) bronchiole constricted in asthma attack. A) Normal bronchiole and (B) bronchiole constricted in asthma attack.
Long-wave energy flux is emitted from Earth Long-wave energy flux is emitted from Earth
Normal electrocardiogram tracing Normal electrocardiogram tracing
Video: The Krebs Cycle Animation

For a complete list of videos, visit our video library