Business, 14.12.2019 06:31 lovemelikeajew
The market system does not produce public goods because rev: 04_09_2018 multiple choice private firms cannot stop consumers who are unwilling to pay for such goods from benefiting from them. there is no need or demand for such goods. public enterprises can produce such goods at lower cost than can private enterprises. their production seriously distorts the distribution of income
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Business, 22.06.2019 01:00
When color is used on a topographical drawing, black is used to represent what?
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Business, 22.06.2019 16:00
In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.
Answers: 1
Business, 22.06.2019 22:00
Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.
Answers: 2
Business, 22.06.2019 23:30
Sally has a high-paying management position with a fortune 500 company, but she is tired of working for corporate america. so sally has decided to start a business, and she knows she will be successful as an entrepreneur because entrepreneurs typically
Answers: 3
The market system does not produce public goods because rev: 04_09_2018 multiple choice private fir...
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