Question and answer
Which of the following is not a characteristic of monopolistic competition? a. few artificial barriers to entry c. homogenous products b. large number of firms d. slight
control over price
A)high artificial barriers to entry
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User: Which of the following is not a characteristic of monopolistic competition? a. few artificial barriers to entry c. homogenous products b. large number of firms d. slight control over price

Weegy: A)high artificial barriers to entry
bucoi022|Points 0|

User: When a customer's need for a product is not urgent, demand tends to be a. inelastic. c. complementary. b. elastic. d. unit elastic.

Weegy: When a customer's need for a product is not urgent, demand tends to be - b. ELASTIC.
yumdrea|Points 3349|

User: A firm sells natural gas to a city for one price and sells the same gas to an outlying village at another price. What is this practice called? a. oligopoly c. differentiation b. monopoly d. price discrimination

Weegy: a. oligopoly
southboy|Points 60|

User: Economists say all resources are scarce because: a. there is a limited number of entrepreneurs. c. production is not equivalent to income. b. there are unlimited resources and limited wants and desires. d. there are limited resources and unlimited wants and demands.

Weegy: d. there are limited resources and unlimited wants and demands
ianbearpig|Points 190|

User: An unintended side effect that benefits or harms a third party not involved in the activity is: a. a condition of oligopoly. c. a problem caused by inadequate competition. b. an externality. d. price discrimination.

Weegy: An unintended side effect that benefits or harms a third party not involved in the activity is: B. AN EXTERNALITY.
andrewpallarca|Points 28158|

User: Which of the following industries have been deregulated in recent years? a. low-cost housing c. airlines b. pharmaceuticals d. steel

User: Business cycle refers to: a. a period of macroeconomic expansion followed by a period of contraction. c. a microeconomic explanation of the number of firms that enter and leave the marketplace over a five year period of time. b. the level of inventory of a business over a period of years. d. the inherit weakness of a command economy

Weegy: Business cycle refers to a period of macroeconomic expansion followed by a period of contraction.



User: In which system is private property found? a. centrally planned c. free enterprise b. command d. communism

Weegy: In which system is private property found? c. free enterprise
Expert answered|zpaasoyd|Points 105|



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Asked 12/11/2013 6:38:23 AM
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true or false The agency shop requires that an employee join the union shortly after being hired. User: A court order that prevents a certain action from taking place. a. arbitration c. mediation b. injunction d. collective bargaining
Weegy: en.wikipedia.org/wiki/Injunction An injunction is an equitable remedy in the form of a court order that requires a party to do or refrain from doing specific acts.The answer is b User: The Fair Labor Standards Act a. made it illegal to prosecute unions under the Sherman Antitrust Act. b. prevented courts from issuing injunctions against unions engaged in peaceful strikes. c. established the right of unions to collective bargaining. d. established a federal minimum wage. Weegy: The Fair Labor Standards Act D) established a federal minimum wage. User: The National Labor Relations Act a. made it illegal to prosecute unions under the Sherman Antitrust Act. b. established the right of unions to collective bargaining. c. prevented courts from issuing injunctions against unions engaged in peaceful strikes. d. established a federal minimum wage. Weegy: The Fair Labor Standards Act D) established a federal minimum wage. User: In this type of union arrangement, an employer agrees to hire only union members. a. union shop c. closed shop b. modified union shop d. agency shop Weegy: A,C and D a. union shop c. closed shop d. agency shop Various types of union security agreements exist. Among the more common are: Closed shop The employer agrees to hire only union members. [ An employee who resigns from the union must be dismissed.[1] Union shop The employer may hire anyone regardless of their union membership status, but the employee must join the union within a set time period (such as 30 days). An employee who resigns from the union must be dismissed.[1] Agency shop The employer may hire anyone regardless of their union membership status, and the employee need not join the union. However, all non-union employees must pay a fee (known as the "agency fee") to the union to cover the costs of collective bargaining (and, in some countries, other fees as ... (More)
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Expert Answered
Asked 12/11/2013 6:04:43 AM
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true or false Social Security is considered a cash transfer. User: A firm’s total cost of production is: a. marginal cost plus average cost. c. marginal cost plus variable cost. b. variable cost plus fixed cost. d. none of the above.
Weegy: A firm s total cost of production is: variable cost plus fixed cost. User: A person has a choice between an apple or an orange. The person chooses the apple. What is the opportunity cost of choosing the apple? a. There is no opportunity cost. c. The utility of the apple. b. The value of what was not chosen. d. The scarcity of oranges. Weegy: The opportunity cost of choosing the apple is : The value of what was not chosen. User: A product that has few substitutes tends to be: a. elastic c. unit elastic b. inelastic d. a complimentary good Weegy: A product that has few substitutes tends to be - - b. INELASTIC. User: Which of the following does not decrease the demand for a product? a. an increase in price c. a decrease in price of a substitute good b. a decrease in consumer incomes d. improved product technology User: Which of the following is a characteristic of a monopoly? a. no barriers to entry c. it is always government owned b. a single buyer d. a single seller Weegy: A) single seller is characteristic of a monopoly. (More)
Question
Expert Answered
Updated 120 days ago|8/21/2014 3:42:49 PM
1 Answer/Comment
Social Security is considered a cash transfer.- This is TRUE.

Added 120 days ago|8/21/2014 3:42:49 PM
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