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

Author Question: A feature of perfect competition is A) use of non-price competition by firms. B) mutual ... (Read 157 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
A feature of perfect competition is
 
  A) use of non-price competition by firms.
  B) mutual interdependence among firms.
  C) unique products.
  D) standardized products.

Question 2

Contingent contracts
 
  A) are inefficient when monitoring is possible.
  B) equally divide the risk between principal and agent.
  C) can be used when monitoring is not reasonably possible.
  D) put the risk on the principal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

C


Collmarie

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

The frequency of competition according to the number of species involved. The frequency of competition according to the number of species involved.
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994 U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994
Competitive firms and maximization Competitive firms and maximization
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Mutual Protection Mutual Protection
Interference Competition Interference Competition
Video: Secondary and tertiary levels of protein structure Animation

For a complete list of videos, visit our video library