Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Free entry and exit of firms is a characteristic of Select one: a. centralized economies. b. perfectly competitive industries. c. all industries in the U.S.

Free entry and exit of firms is a characteristic of Select one: a. centralized economies. b. perfectly competitive industries. c. all industries in the U.S. economy. d. industries in which firms are earning positive economic profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Mathematics In Canada

Authors: Ernest Jerome

7th edition

978-0071091411, 71091416, 978-0070009899

More Books

Students also viewed these Economics questions

Question

★★★★★

Write structural formulas for each of the following: (a) (Z)-But-2-en-1-ol (b) (R)-Butane-1,2,4-triol (c) (1R,2R)-Cyclopentane-1,2-diol (d) 1-Ethylcyclobutanol (e) 2-Chlorohex-3-yn-1-ol (f)...

Answered: 1 week ago

Question

★★★★★

There are two ways of detecting an MSK signal. One way is to use a coherent receiver to take full account of the phase information content of the MSK signal. Another way is to use a non-coherent...

Answered: 1 week ago

Question

★★★★★

=+Dependent variable is: Domestic Visitors R squared = 96.6% R squared (adjusted) = 95.8% s = 12870 with 60 - 13 = 47 degrees of freedom Variable Coeff SE(Coeff) t-ratio P-value Intercept 302,921.34...

Answered: 1 week ago

Question

★★★★★

A nursing home employs attendants who are needed around the clock. Each attendant is paid the same, regardless of when his or her shift begins. Each shift is 8 consecutive hours. Shifts begin at 6...

Answered: 1 week ago

Question

★★★★★

Q3 In the chemical process industry, there are various routes for manufacturing chemicals. A search of the literature reveals many different processes to produce chemical R*. Assume 8000 operational...

Answered: 1 week ago

Question

★★★★★

Inventory Costing: FIFO Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Units Purchased at Cost Units Sold at Retail Date Description June...

Answered: 1 week ago

Question

★★★★★

Which country has the absolute advantage in computer production? Use the following table: Amount of Beef or Computers Produced by One Worker in a Day Canada Beef Computers Japan 8 5 3 4

Answered: 1 week ago

Question

★★★★★

Which country has the comparative advantage in computer production? Use the following table: Amount of Beef or Computers Produced by One Worker in a Day Canada Beef Computers Japan 8 5 3 4

Answered: 1 week ago

Question

★★★★★

A metal sphere is grounded and an electrically charged rod is held close to it. The sphere acquires a charge \(q\). The grounding wire is removed, and the sphere is brought in contact with another...

Answered: 1 week ago

Question

★★★★★

Consider the nonlinear regression model \(y=\exp \left(\mathbf{x}^{\prime} \boldsymbol{\beta} ight) /\left[1+\exp \left(\mathbf{x}^{\prime} \boldsymbol{\beta} ight) ight]+u\), where the error term is...

Answered: 1 week ago

Question

★★★★★

The term blue chip applies to stocks issued by a company in excellent financial standing with a record of producing earnings and paying dividends. Stocks in companies such as GE and Chrysler were...

Answered: 1 week ago

Question

★★★★★

A single speed motor has one rated speed at which it runs when supplied with the nameplate voltage and frequency. A single speed motor has one rated speed at which it runs when supplied with the...

Answered: 1 week ago

Question

★★★★★

13. Try to imagine how you would feel if you had tackled the problem, the con-flict, the challenge, etc., that made you powerless in task 12, for example upstairs, confident, confident, calm,...

Answered: 1 week ago

Question

★★★★★

15. Ask yourself the following questions: What do you want to remember from your everyday experiences? These are the experiences that fill most of your life. They may take 9099% of your time. What do...

Answered: 1 week ago

Question

★★★★★

What reward will you give yourself when you achieve this?

Answered: 1 week ago

Previous Question Next Question