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

Author Question: According to Shepherd, the percentage of industries that were effectively competitive in 1988 is ... (Read 48 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 30, 2018
According to Shepherd, the percentage of industries that were effectively competitive in 1988 is approximately
 a. 25 percent
  b. 50 percent
  c. 64 percent
  d. 77 percent
  e. 89 percent

Question 2

Resources are efficiently allocated when production occurs at that point at which
 a. marginal cost intersects average variable cost
  b. price is equal to average revenue
  c. price is equal to marginal cost
  d. marginal revenue equals marginal cost
  e. price is equal to average variable cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


rmenurse

  • Hero Member
  • *****
  • Posts: 513
Reply #2 on: Jun 30, 2018
Correct answers!


AaaA

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Bohemian Shepherd Bohemian Shepherd
Shiloh Shepherd Dog Shiloh Shepherd Dog
world percentage of religion world percentage of religion
Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme Cultural Variations in the Strange Situation Across cultures, most toddlers exhibit secure attachme
Graph showing the relationship between the freezing point of the coolant and the percentage of ... Graph showing the relationship between the freezing point of the coolant and the percentage of ...
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library