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

Author Question: Under perfect competition and in the absence of externalities which of the following is FALSE? (Read 40 times)

ARLKQ

  • Hero Member
  • *****
  • Posts: 571
on: May 25, 2020
Under perfect competition and in the absence of externalities which of the following is FALSE?
◦ As long as all firms have access to the same input markets and the same input prices, the last unit of an input hired will produce the same value in each firm.
◦ Households will buy a good as long as the good generates utility that is greater than the good's market price.
◦ Resources are allocated efficiently among firms.
◦ What is produced is distributed efficiently, but the market may not produce the things that people want.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ARLKQ on May 25, 2020

joewallace

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: May 25, 2020
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 32% of students answer this correctly


ARLKQ

  • Member
  • Posts: 571
Reply 2 on: May 25, 2020
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

The different types of competition in nature. The different types of competition in nature.
Connell's experimental manipulation of species indicated the presence of competition. Connell's experimental manipulation of species indicated the presence of competition.
The frequency of competition according to the number of species involved. The frequency of competition according to the number of species involved.
A stallion with a proven competition record is one criterion for being a suitable sire. A stallion with a proven competition record is one criterion for being a suitable sire.
Four Possibilities in Judging the Presence or Absence of a Stimulus Four Possibilities in Judging the Presence or Absence of a Stimulus
European swimming competition European swimming competition
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library