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According to Figure 6.2, in this market, a price of $1.50 would be a. the equilibrium price. c. a price ceiling. b. a price floor. d. a subsidy. 3
Weegy: According to Figure 6.2, in this market, a price of $1.50 would be - a. THE EQUILIBRIUM. (More)
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Asked 197 days ago|10/2/2013 12:53:11 PM
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Which of the following is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs? a. The firm would become an oligopolistic firm because it has effectively eliminated the competition and now dominates the market alone. b. The firm would try to lure 100 percent of customers by flooding the market with defective products. c. Fierce competition would encourage rivals to create new ways to differentiate their products and lure customers to ...
Weegy: c. [ Fierce competition would encourage rivals to create new ways to differentiate their products and lure customers to them is one market trend that results when a monopolistically competitive firm starts earning profits well above its costs. ] (More)
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Asked 197 days ago|10/2/2013 1:01:50 PM
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A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this? a. Some regulations are costly to implement and cut into profits. b. Many regulations promote too much competition, driving down prices. c. Certain regulations result in rapid business growth, which some companies find difficult to handle. d. All of the above
Weegy: A large telephone company has hired lobbyists to try to persuade lawmakers to reduce governmental regulation over the telecommunications industry. Why might the company do this? Answer: d. All of the above (More)
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Asked 196 days ago|10/3/2013 11:40:12 AM
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How might the title The Far and the Near apply to the women? a. They are far from the engineer but near to each other. b. They are far from the engineer in personality but near to him in age. c. They feel friendly toward the faraway train but afraid of the engineer when he is near. d. They wave to the train because it travels from a place that is near to one that is far.
Weegy: The near field and far field and the transition zone are regions in the field of electromagnetic radiation that emanates from an antenna. [ Certain behavior characteristics of electromagnetic fields dominate at one distance from the radiating antenna, while a completely different behavior can dominate at another location. ............. ] (More)
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Asked 192 days ago|10/7/2013 1:11:18 PM
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