« previous next »

Author Question: In the long-run, a perfectly competitive firm will achieve a. An average rate of return b. Above ... (Read 61 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jul 1, 2018
In the long-run, a perfectly competitive firm will achieve
 a. An average rate of return
  b. Above average profits
 c. Losses
 d. Economic Profits

Question 2

An English auction is
 a. A sealed auction
 b. An oral auction
 c. An auction where bidders submit decreasing bids
  d. All of the above


aloop

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

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Local/long distance cell Signaling Local/long distance cell Signaling
Temperature Changes on Heart Rate Temperature Changes on Heart Rate
The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ... The hazmat training pyramid. It is important to train from the ground up, starting with a firm grasp ...
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs
Competitive firms and maximization Competitive firms and maximization
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library