Perfect competition is _____. a) the prevalent form of competition in the United States b) the only
Question:
Perfect competition is _____.
a) the prevalent form of competition in the United States
b) the only form of competition in the United States
c) found occasionally
d) probably impossible to fi nd
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The correct answer is c found occasionally Heres why Perfect competition is a theoretical economic m...View the full answer
Answered By
Santosh Kumar
part-time subject matter expert in Chegg India from 2018 to till now
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1. Explain why a firm in perfect competition is a "price-taker". 2. Draw the following diagrams. Be sure to use a ruler and to include accurate labels for the axes. Also, be sure that your MC curves...
-
S corporations and partnerships are both flow-through entities. However, partnerships are more flexible (unlimited number of owners and types of owners) than S corporations. Yet, unless the...
-
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
-
It is stated in Section 40.3 that a finite potential well always has at least one bound level, no matter how shallow the well. Does this mean that as U 0 0, E 1 0? Does this violate the Heisenberg...
-
Cactus Company's annual accounting year ends on June 30. It is June 30, 2014, and all of the 2014 entries except the following adjusting journal entries have been made: a. The company earned service...
-
The figure on the next page shows a long-run industry supply curve (SLR) and the demand curve (D) facing the competitive industry. a. In long-run competitive equilibrium, the industry will...
-
The concept of a critical insulation radius was introduced in Example 3.6. Consider the thin-walled copper tube and insulation of the example. Now, the tube temperature is \(-10^{\circ} \mathrm{C}\)...
-
Why do you believe that SOX does not provide legal remedies for corporate whistleblowers who are punished by their employers after communicating with members of the news media?
-
Following the launch of new electric cars by Toyota and Honda, demand for Japanese cars increases for all values of the real exchange rate, domestic GDP and foreign GDP. In other words, all things...
-
Under perfect competition, __________. a) many firms have some influence over price b) a few firms have influence over price c) no firm has any influence over price
-
Which of these markets would definitely not be perfectly competitive? a) foreign currency b) wheat c) HDTVs d) the New York Stock Exchange.
-
(Problem 75 continued.) Since the January effect is significant, do we need to consider the interaction between the January effect and the returns of NYSE Index and Chrysler? Write down the estimated...
-
21. The Wilson Company has provided the following information: Net sales, $200,000 Net operating income, $40,000 Net income, $20,000 Average total assets, $125,000 Average net fixed assets; $80,000...
-
How many grams of calcium chloride, CaCl2 (110.98 g/mol), are needed to make up 271 mL of a solution that is 0.491 M? Report to one decimal point. T I
-
a) Find the price of a 7-year maturity semi-annual bond with a coupon of 6% (annualized) and a continuously compounded yield of 5%. Use continuous compounding. b) Suppose instead that the price of...
-
What would be the volume ( cm 3 ) of a piece of Styrofoam if it had a mass of 3 5 0 g , no matter its shape? Show calculation.
-
Explain how you can use the logarithm function in a business calculation.? Give one example for the same.
-
What should be included in disaster planning for a big employer in New York City that is concerned about terrorism attacks that might shut down the company and part of the city?
-
Using the information in P11-2B, compute the overhead controllable variance and the overhead volume variance. Data From Problem 11-2B: Huang Company uses a standard cost accounting system to account...
-
1. A monopoly is inefficient solely because the monopolist gets a profit at the expense of consumers. ____________ (True/False) 2. To show the deadweight loss from monopoly, we compare the monopoly...
-
1. A monopoly is inefficient solely because the monopolist gets a profit at the expense of consumers. ____________ (True/False) 2. To show the deadweight loss from monopoly, we compare the monopoly...
-
1. A monopoly is inefficient solely because the monopolist gets a profit at the expense of consumers. ____________ (True/False) 2. To show the deadweight loss from monopoly, we compare the monopoly...
-
While the house is being completed, Adam gets kicked out of his house by his parents. He decides to move into the upper floor of the H2H project house while the down stairs is under remodeling. One...
-
Imagine the Lautoka City Council opens up an Olympic size swimming pool and now operates the swimming pool to which admission costs two dollars. At the northern end of the pool is a sign, which...
-
You are looking to explore the possibilities of opening a coffee shop across downtown North Bay. Before COVID-19 came into our lives, it appeared to be a solid idea and you had already begun your...
Study smarter with the SolutionInn App