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 29 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

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

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

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

An example of color blindness test. A person with red-green color blindness would not be able to dis An example of color blindness test. A person with red-green color blindness would not be able to dis
Rotating Furnace for Making Parabolic Telescope Mirrors Rotating Furnace for Making Parabolic Telescope Mirrors
This debutante is making her formal entrance into society, announcing her eligibility for marriage. ... This debutante is making her formal entrance into society, announcing her eligibility for marriage. ...
Foods made with fat substitutes aren’t calorie free Foods made with fat substitutes aren’t calorie free
The Making of a Protein The Making of a Protein
Communication: Making Connections, 11th Communication: Making Connections, 11th
Video: Introduction to Insulin

For a complete list of videos, visit our video library