Homework

Homework Questions? Ask a Tutor for Answers ASAP

Connect one-on-one with {0} who will answer your question

Related Homework Questions
Looking for answers to the following: 10. The profit-maximizing
Looking for answers to the following: 10. The profit-maximizing rule MC = MR is followed by firms under: A. monopolistic competition, but not perfect competition. B. perfect competition, but not monop… read more
Ellen
Ellen
Attorney
Doctoral Degree
650 satisfied customers
For Jabi 1. Patent laws (Points 1) reduce incentive
For Jabi 1. Patent laws (Points : 1) reduce incentive to innovate by restricting market entry reduce incentive to innovate by making it difficult to use the patented innovation increase incentive to i… read more
Jabi
Jabi
Tutor
Master's Degree
1,795 satisfied customers
1. Patent laws reduce incentive to innovate by restricting
1. Patent laws reduce incentive to innovate by restricting market entry reduce incentive to innovate by making it difficult to use the patented innovation increase incentive to innovate by restricting… read more
Chris M.
Chris M.
M.S.W. Social Work
Master's Degree
2,850 satisfied customers
Please Assist - Thanks!! Faye Bell Managerial Economics
Please Assist - Thanks!! Faye Bell Managerial Economics Unit 5 Review 1. Patent laws (Points: 1) reduce incentive to innovate by restricting market entry reduce incentive to innovate by making it diff… read more
R.R. Jha
R.R. Jha
Bachelor's Degree
6,909 satisfied customers
1. Which of the following is not necessarily a characteristic
1. Which of the following is not necessarily a characteristic of perfect competition? (Points: 1) low prices a large number of buyers and sellers a homogeneous product perfect information 2. In the sh… read more
Bizhelp
Bizhelp
CPA
Bachelor's Degree
1,887 satisfied customers
1) If the demand for farm products is price inelastic, a good
1) If the demand for farm products is price inelastic, a good harvest will cause farm revenues to: A. either increase or decrease, depending on what happens to supply. B. be unchanged. C. increase D. … read more
Chris12
Chris12
Self-Employed
Bachelor's Degree
1,064 satisfied customers
Four distinct market structures pure competition, pure monopoly,
Four distinct market structures: pure competition, pure monopoly, monopolistic competition, and oligopoly that were identified in the Quasar simulation. Quasar moves through these four market categori… read more
Joanne
Joanne
Bachelor's Degree
3,109 satisfied customers
2) In a market economy the distribution of output will be de
2) In a market economy the distribution of output will be determined primarily by: A. the quantities and prices of the resources that households supply. B. a social consensus as to what distribution o… read more
Joanne
Joanne
Bachelor's Degree
3,109 satisfied customers
1. Which of the following is true a. When price increases
1. Which of the following is true? a. When price increases in the elastic range of the demand curve, total revenues will increase. b. When price decreases in the elastic range of the demand curve, tot… read more
Dr. Amit
Dr. Amit
GP & Online Health Advisor & Writer
Bachelor's Degree
976 satisfied customers
3. Why is the equality of marginal revenue and marginal cost
3. Why is the equality of marginal revenue and marginal cost essential for profit maximization in all market structures? Explain why price can be substituted for marginal revenue in the MR = MC rule w… read more
getsetgo
getsetgo
Master's Degree
2,385 satisfied customers
Joanne, could you check to see if my answers are correct Thank
Joanne, could you check to see if my answers are correct? Thank you very much! 1. Patent laws a.reduce incentive to innovate by restricting market entry b. reduce incentive to innovate by making it di… read more
Joanne
Joanne
Bachelor's Degree
3,109 satisfied customers
51. The assumptions of perfect competition imply that ______.
51. The assumptions of perfect competition imply that ______. (Points: 3) individuals in the market accept the market price as given individuals can influence the market price the price will be a fair… read more
Kara T
Kara T
Expert Homework Tutor
Bachelor's Degree
288 satisfied customers
Macroeconomics deals with (Points 3) bits and pieces
Macroeconomics deals with: (Points: 3) bits and pieces of the economy. the question of how a business unit should operate profitably. the working of the entire economy or large sectors of it. how indi… read more
Kara T
Kara T
Expert Homework Tutor
Bachelor's Degree
288 satisfied customers
Which of the following is not a barrier to entry A) economies
Which of the following is not a barrier to entry? A) economies of scale B) X-inefficiency C) patents D) ownership of essential resources 2. If a firm in a purely competitive industry is confronted wit… read more
SK
SK
Master's Degree
62 satisfied customers
Unit 8 Oligopoly & Monopolistic Competition and Product Differentiatio
Unit 8: Oligopoly & Monopolistic Competition and Product Differentiation - Review Help -------------------------------------------------------------------------------- --------------------------------… read more
Nelson
Nelson
Bachelor's Degree
28 satisfied customers
1. Two goods are complements if an increase in the price of
1. Two goods are complements if an increase in the price of one good leads to an increase in demand for the other. (Points: 6) True False 2. A decrease in supply will cause the equilibrium price and q… read more
angelkelly
angelkelly
278 satisfied customers
Which of the following is true of marginal revenue for a monopolist
Which of the following is true of marginal revenue for a monopolist that charges a single price? a) P= MR because there are no close substitutes for the monopolist's product b) P > MR because the m… read more
skywalker
skywalker
Doctoral Degree
94 satisfied customers
MicroEconomics - Multiple Choice Questions- Part 3
If the loss-minimizing output for a perfectly competitive firm is zero, then, at all other output levels, a) price must be greater than average variable cost b) the marginal cost curve must slope down… read more
skywalker
skywalker
Doctoral Degree
94 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.

JustinKernersville, NC

Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.

EstherWoodstock, NY

Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.

RobinElkton, Maryland

He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.

DianeDallas, TX

< Previous | Next >

Meet the Experts:

LogicPro

LogicPro

Engineer

14,482 satisfied customers

Expert in Python,Java C++ C C# VB Javascript Design SQL HTML

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

4,720 satisfied customers

More than 5000 online tutoring sessions.

Linda_us

Linda_us

Finance, Accounts & Homework Tutor

3,138 satisfied customers

Post Graduate Diploma in Management (MBA)

Chris M.

Chris M.

M.S.W. Social Work

2,850 satisfied customers

Master's Degree, strong math and writing skills, experience in one-on-one tutoring (college English)

F. Naz

F. Naz

Chartered Accountant

2,270 satisfied customers

Experience with chartered accountancy

Bizhelp

Bizhelp

CPA

1,887 satisfied customers

Bachelors Degree and CPA with Accounting work experience

Jabi

Jabi

Tutor

1,795 satisfied customers

I've been an Expert on JustAnswer since July 2010.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x