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

Author Question: Industries with high barriers to entry a. Pushes profits to normal returns b. increases the ... (Read 123 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jul 1, 2018
Industries with high barriers to entry
 a. Pushes profits to normal returns
  b. increases the likelihood of firms entering the industry
  c. help firms sustain profits
  d. increases the number of competitors

Question 2

Marginal revenue product is defined as the amount that an additional unit of the variable input adds to ____.
 a. marginal revenue
  b. total output
  c. total revenue
  d. marginal product
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TINA

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


clmills979

  • Member
  • Posts: 551
Reply 2 on: Jul 1, 2018
Excellent

elyse44

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Summation of Heart Sounds, Normal S1 Summation of Heart Sounds, Normal S1
Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture. Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture.
a) Avoid placing the face cradle too high because it hyperextends and strains the neck. b) When the ... a) Avoid placing the face cradle too high because it hyperextends and strains the neck. b) When the ...
Normal combustion is a smooth, controlled burning of the air–fuel mixture. Normal combustion is a smooth, controlled burning of the air–fuel mixture.
Attachment and cell entry by HIV. Attachment and cell entry by HIV.
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Video: Structure of a Ribosome

For a complete list of videos, visit our video library