This topic contains a solution. Click here to go to the answer

Author Question: In the long run, a monopolistically competitive firm will a. produce a greater variety of goods ... (Read 71 times)

strangeaffliction

  • Hero Member
  • *****
  • Posts: 660
In the long run, a monopolistically competitive firm will
 a. produce a greater variety of goods than do firms in other market structures
  b. produce a greater output level than would a perfectly competitive firm
  c. produce where price equals average total cost
  d. earn an economic profit
  e. suffer a loss because of its advertising budget

Question 2

In a direct, majority-rule vote,
 a. all voters get what they want
  b. a majority of voters get exactly what they want
  c. only the median voter is completely satisfied
  d. a minority of voters are dissatisfied
  e. only the median voter is dissatisfied



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ptupou85

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

C

Answer to Question 2

C




strangeaffliction

  • Member
  • Posts: 660
Reply 2 on: Jun 30, 2018
Gracias!


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

 

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).

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library