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

Author Question: Even if there are significant barriers to entry, firms may not be highly profitable a. Substitute ... (Read 92 times)

theo

  • Hero Member
  • *****
  • Posts: 698
on: Jul 1, 2018
Even if there are significant barriers to entry, firms may not be highly profitable
 a. Substitute product offerings among rivals
 b. The ability of consumers to switch to substitute products easily
  c. All of the above
 d. None of the above

Question 2

Someone who values a lottery at more than the expected value is
 a. a risk lover
 b. risk neutral
 c. risk averse
 d. one who tends to play lots of lotteries


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


theo

  • Member
  • Posts: 698
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

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).

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor. Malignant melanoma. This photograph demonstrates the highly characteristic color of this tumor.
A highly simplified view of the overall plan of the human body. A highly simplified view of the overall plan of the human body.
In the 1960s, social psychologists did highly creative but controversial experiments. This photo, ... In the 1960s, social psychologists did highly creative but controversial experiments. This photo, ...
Clinically Significant Drug-Drug Interactions in Dentistry Clinically Significant Drug-Drug Interactions in Dentistry
Significant Figures Calculation Significant Figures Calculation
Time-of-entry mapping Time-of-entry mapping
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library