16) A perfect market is one in which: A) there are no competitive advantages or asymmetries because all firms have equal access to all the factors to production. B) one firm develops an advantage based on a factor of production that other firms cannot purchase. C) one participant in the...
Do firms in perfect competition earn normal profit in the long run and not economic profits? If so, why? Do firms in a perfectly competitive market exhibit productive efficiency? Why or why not? A perfectly competitive market is one in which a. firms do not attempt to ma...
Perfect competition is a market structure characterized by large number of firms, homogeneous products, perfect information and free entry and exit. All firms in the market are price-takers, which means that they do not have any market power and take the market price ...
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In a perfect capital market, when a dividend is paid, the share price drops by the amount of the dividend when the stock begins to trade ex-dividend. A. 对 B. 错 点击查看答案 你可能感兴趣的试题 单项选择题预防流行性疾病传播,家庭应做到:() A.做好居室通风换气并保持整洁卫生B.桌椅等物体...
Economists use the word equity to describe a situation in which every member of society would have the same income. ( ) 2. When economists refer to people making decisions “at the margin” they mean that people compare the costs and benefits of each decision. ( ) 3. If a good is “...
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In order to be successful, that new pay structure will need agreement between Trade Unions and employers. In job evaluation, all of the requirements of each job are defined in a detailed job description. Each of those requirements is given a value, generally in “ points which”, are added...
49. What kind of social system does the author think is unacceptable? A) One in which the wealthy exploit the low-wage laborers building their houses. B) One in which the rich purchase amenities at an increasingly unjus...
A: The distance is not really a problem. The real problemis whether I can afford it. 远近到不是问题,问题是我是不是买得起。 B: Don’t worry about it. It’s a real bargain. 不用担心,很便宜的。 2. a drug on the market滞销商品,...