Question 1: What is one common aspect among all of them?

Question 2: In the long run, which market structures are likely to have their average cost curve just sit on top of their demand curve? What does this imply for each market structure? Are there any differences in the market structures you gave in your previous answer?

Question 4: What market structure(s) are likely to cause a net loss to societal welfare?

Question 1 : Joint continuous distribution The joint PDF of random variables X and Y is given by (a) ny(:17,y) : lee5&4\") for 0 0 Determine the sample space of X and Y via a drawing and color or shade the sample space. Determine marginal PDFS. Determine the joint CDF? Make sure you specify the CDF for all XYplane. Determine cov(X, Y). If we are only interested in for the values of X