Compared to monopoly-perfect competition

Assignment Help Business Economics
Reference no: EM13853501

Compared to monopoly, perfect competition has ___ prices, ___ output and ___ barriers to entry.

a. higher-lower-higher

b. lower-greater-higher

c. lower-lower-lower

d. lower-greater-lower.

Reference no: EM13853501

Questions Cloud

Find an equation that gives every bundle : Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Find an equation that gives every bundle of cigarettes and coffee that I..
Ideal conditions for a laissez-faire economy : Which of the following are the ideal conditions for a laissez-faire economy?
What is the interest on this bond closest : Kimberly pays $29.50 for a $100 savings bond with a maturity of 25 years. Assuming annual compounding, what is the interest on this bond closest to:
The strength of the gravitational field is dependent : The strength of the gravitational field is dependent upon the mass of the planet you are standing on. If you are on the moon, which is 1.2% the mass of Earth, the value of the gravitational field is only 17% of that you would feel here on Earth.
Compared to monopoly-perfect competition : Compared to monopoly, perfect competition has ___ prices, ___ output and ___ barriers to entry.
Situations would you prefer borrowing : In which of the following situations would you prefer borrowing?
Cost-push inflation can be called : Cost-push inflation can be called
Accurate description of what can cause inflation : Which of the following is not an accurate description of what can cause inflation?
Aircraft compass showed that the aircraft moves : Aircraft compass showed that the aircraft moves to the north and the speed indicator showed that the aircraft is moving at a speed of 240 km / h. If there is a wind blowing at a speed of 100 km / h from the west to the east, what is the velocity rela..

Reviews

Write a Review

Business Economics Questions & Answers

  Total economic surplus change if the city council passes

By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement

  Use a transferable emission permit scheme

If the regulator wants to use a transferable emission permit scheme to achieve industry abatement of 50%: How many permits will it need to issue? If each firm receives one -half of the permits at no charge initially, explain what permit trading will ..

  Explain how much profit will the perfectly competitive firms

Explain how much profit will the perfectly competitive firms earn. Explain how much profit will the monopoly firm earn.

  Explain why it is best interest of society treat differently

Explain why it is in the best interest of society to treat these types of property the same or differently.

  Band within results should considered more accurate

While RIMS II, IMPLAN, and other methods regularly deviate substantially from each other in the answers they yield to analytical questions, is there a "band" within results should be considered "more accurate". For example, if RIMS and IMPLAN give a ..

  Useless to the economy to increase government expenditures

Assume an open, mixed economy (C + I + G + X = real GDP) and an MPS of .2. Explain if it would be expansionary, contractionary, or useless to the economy to increase government expenditures by $50 billion and also increase taxes by $50 billion.

  Impact of event to equilibrium price and quantity of event

The following events occur in the market for good B, which is a normal good: Identify the impact of the event to the equilibrium price and quantity of each event.

  If a case is reversed and remanded

If a case is reversed and remanded, it:

  Students are required to write an essay on a significant

students are required to write an essay on a significant recent economic event or activity.discuss an economic activity

  Qthe equation of capital accumulation is k k i - deltak

q.the equation of capital accumulation is k k i - deltak where k is the capital stock at the beginning of the year i

  Elucidate what would the seller cost of capital

Elucidate what would the seller's cost of capital have to be in order for the discount to be cost justified.

  About the often proposed flat tax

What do you think about the often proposed "flat tax" as a better alternative than our current system allowing for credits and deductions?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd