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

Author Question: Which of the following markets best approximates the perfectly competitive market structure? a. ... (Read 61 times)

dmcintosh

  • Hero Member
  • *****
  • Posts: 517
on: Jun 30, 2018
Which of the following markets best approximates the perfectly competitive market structure?
 a. automobile manufacturing
  b. insurance
  c. world commodity markets
  d. airlines
  e. manufacture of stereo equipment

Question 2

Perfectly competitive firms respond to changing market conditions by varying their
 a. price
  b. output
  c. market share
  d. information
  e. advertising campaigns


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


dmcintosh

  • Member
  • Posts: 517
Reply 2 on: Jun 30, 2018
Gracias!

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

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?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Structure of the H-R Diagram Structure of the H-R Diagram
Oceanic Crust Has a Well-defined Internal Structure Oceanic Crust Has a Well-defined Internal Structure
Ketone structure Ketone structure
Levels of protein structure: Primary structure Levels of protein structure: Primary structure
The structure of liquid water The structure of liquid water
Structure of a woody stem (comparison) Structure of a woody stem (comparison)
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library