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 67 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

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

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

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower GI series. (a) Upper GI series begins with a barium swallow, barium shake, or barium meal. (b) Lower
Black and White Out-Migration from Virginia and North and South Carolina, 1870–1940 (in thousands) Black and White Out-Migration from Virginia and North and South Carolina, 1870–1940 (in thousands)
How to solve a word problem involving trigonometric models (Question 1) How to solve a word problem involving trigonometric models (Question 1)
Accounting Question Accounting Question
this is a math question this is a math question
Which color is placed at the center of the circle? Which color is placed at the center of the circle?
Video: Interview with Person having Obsessive Compulsive Disorder

For a complete list of videos, visit our video library