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

Author Question: An allocation in which one person can be made better off only by making someone else worse off is ... (Read 65 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jul 1, 2018
An allocation in which one person can be made better off only by making someone else worse off is
 
  A) inefficient.
  B) efficient.
  C) a partial equilibrium.
  D) a general equilibrium.

Question 2

Refer to Scenario 12.1. What will be the price in the long run if the industry is a Cournot duopoly?
 
  A) 400
  B) 600
  C) 800
  D) 900
  E) Competition will drive the price to zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

quynhmickitran

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


laurencescou

  • Member
  • Posts: 593
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Assessing a person's spiritual and religious beliefs is an imiportant aspect of nursing care Assessing a person's spiritual and religious beliefs is an imiportant aspect of nursing care
Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
(A) In hyperopia, light rays focus behind the retina, making it difficult to focus on objects at ... (A) In hyperopia, light rays focus behind the retina, making it difficult to focus on objects at ...
Brushing off to finish-front. Move to the front and place the person’s hands on his or her knees. ... Brushing off to finish-front. Move to the front and place the person’s hands on his or her knees. ...
Queen Nefertari Making an Offering to Hathor Queen Nefertari Making an Offering to Hathor
MRI scans of normal elderly person compared to one with Alzheimer's MRI scans of normal elderly person compared to one with Alzheimer's
Video: Polysaccharides

For a complete list of videos, visit our video library