Содержание
- 2. The demand for wheat from farm A is perfectly elastic because wheat from farm A is
- 3. Which of the following four firms would most likely be part of a perfectly competitive market?
- 4. A perfectly competitive firm will shut down if its total revenue is less than average fixed
- 5. Because of a decrease in the wage rate it must pay, a perfectly competitive firm’s marginal
- 6. If there are 1,000 rutabaga farms, all perfectly competitive, an increase in the price of fertilizer
- 7. Scotland has seen its biggest population increase since the “baby boom” created by demobilized soldiers returning
- 8. Suppose firms in a perfectly competitive industry are suffering an economic loss. Over time, other firms
- 9. A worldwide hops (a flowers used in brewing) shortage will make stouts, ales and other specialty
- 10. The USDA maintains ethanol has an impact on food prices, even if it is an indirect
- 11. What is one reason why would corn production, which takes place in a perfectly competitive market,
- 12. Parkin © 2010 Pearson Addison-Wesley. All rights reserved. Microeconomics, Ninth Edition Pat’s Pizza Kitchen is a
- 13. The market for paper is perfectly competitive and there are 1,000 firms that produce paper. The
- 14. As more and more computer users read documents online rather than print them, the market demand
- 15. Figure shows the costs of Quick Copy, one of many copy shops near campus. If the
- 16. The market for smoothies is perfectly competitive and the market demand schedule is in the first
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