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

Author Question: Price fixing is illegal in the United States. a. True b. False[br][br][b][color=black]Question ... (Read 92 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jun 30, 2018
Price fixing is illegal in the United States.
 a. True
  b. False

Question 2

Which characteristic of perfect competition ensures that economic profit will be zero in the long run?
 a. each firm's output is small in relation to total market supply
  b. buyers and sellers are fully informed about the price and availability of all resources and products
  c. the product is homogeneous
  d. there is freedom of entry and exit in the market
  e. firms are price takers


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leeeep

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Wow, this really help

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

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%).

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

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?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

The black-capped chickadee is a permanent resident in biomes with harsh winter conditions. The black-capped chickadee is a permanent resident in biomes with harsh winter conditions.
Once you go black, you never go back! Once you go black, you never go back!
Power in the United States: The Model Proposed by C. Wright Mills Power in the United States: The Model Proposed by C. Wright Mills
Molecular Genetics DNA picture matching question Molecular Genetics DNA picture matching question
this is a math question this is a math question
economic question economic question
Video: Second Messengers in the Inositol-lipid Signaling Pathway

For a complete list of videos, visit our video library