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

Author Question: According to William Shepherd, the total assets of the top 100 firms in the United States have been ... (Read 33 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
According to William Shepherd, the total assets of the top 100 firms in the United States have been declining, mostly in response to increased imports.
 a. True
  b. False

Question 2

In the long run, a perfectly competitive industry is allocatively efficient because
 a. the opportunity cost of resources needed to produce the last unit of output just equals the marginal value to consumers of the last unit
  b. it maximizes producer surplus
  c. consumer surplus could be larger if the price were lower
  d. production occurs at the lowest average total cost
  e. marginal costs are low


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

honnalora

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Gracias!

tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Basque Shepherd Dog Basque Shepherd Dog
tongue states tongue states
German and Irish Settlement in the Northeastern United States, 1870 German and Irish Settlement in the Northeastern United States, 1870
William Masters and Virginia Johnson are among the most influential researchers in the history of th William Masters and Virginia Johnson are among the most influential researchers in the history of th
William Cameron Menzies, Storyboard for the burning-of-Atlanta scene from Gone with the Wind. William Cameron Menzies, Storyboard for the burning-of-Atlanta scene from Gone with the Wind.
Approximately 40 percent of farmers in the United States are 55 years old or older Approximately 40 percent of farmers in the United States are 55 years old or older
Video: Summation - defined, spatial, temporal & AP generation or not

For a complete list of videos, visit our video library