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

Author Question: Perfectly competitive industries are characterized by a homogeneous product. (Read 68 times)

abc

  • Hero Member
  • *****
  • Posts: 543
on: Apr 19, 2019

Question 1

Economists do 
not consider the smartphone industry perfectly competitive because


◦ the government strictly regulates entry and exit.
◦ smartphones are heterogeneous.
◦ smartphone manufacturers each have a small market share.
◦ there are a large number of smartphone manufacturers.

Question 2

Perfectly competitive industries are characterized by a homogeneous product.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by abc on Apr 19, 2019

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


abc

  • Hero Member
  • *****
  • Posts: 543
Reply #2 on: Apr 19, 2019
Thanks


allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Rivers Are a Product of Their Watersheds Rivers Are a Product of Their Watersheds
Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ... Ginkgo Biloba label. The label indicates the product is standardized to percentages of the two ...
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
To find the derivative use product rule To find the derivative use product rule
Find derivative using product rule Find derivative using product rule
A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ... A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ...
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library