« previous next »

Author Question: Using the rule of 2, which of the following variables can be deemed statistically significant? A) ... (Read 41 times)

j.rubin

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
Using the rule of 2, which of the following variables can be deemed statistically significant?
 
  A) PA
  B) PB
  C) I
  D) All of the above
  E) None of the above

Question 2

How is a monopolistically competitive industry like perfect competition? How is it like monopoly?
 
  What will be an ideal response?


xthemafja

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

Monopolistic competition is like perfect competition in that there are many firms and no barriers to entry (and thus long-run economic profits will be zero). It is like monopoly in that firms sell products that are not perfect substitutes for each other, and thus firms have some market power, and prices will be above marginal cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Rule of Nines. A method for determining percentage of body burned. Each different colored section re Rule of Nines. A method for determining percentage of body burned. Each different colored section re
Scattergrams are a mechanism used by political scientists to show patterns and relationships among v Scattergrams are a mechanism used by political scientists to show patterns and relationships among v
How to use the quotient rule to find the derivative of a function How to use the quotient rule to find the derivative of a function
How to use L’Hospital’s Rule to find the limit of a function (Part 3) How to use L’Hospital’s Rule to find the limit of a function (Part 3)
To find derivative us the chain rule To find derivative us the chain rule
Find derivative using chain rule Find derivative using chain rule
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library