In the long run, a monopolistically competitive firm ________ make an economic profit and a monopoly ________ make an economic profit

A) can; can
B) can; cannot
C) cannot; can
D) cannot; cannot

C

Economics

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There are very few, if any, farms within the city limits of Chicago because

A) zoning laws have always prohibited them. B) the land under the city of Chicago is unfertile. C) Chicago is known for its butchers and freighters, not its farmers. D) the land is in extremely great demand for non-agricultural purposes.

Economics

Which of the following is true about foreign aid provided by the United States?

a. During the last four decades, the U.S. has provided less than $400 million in aid b. Most U.S. aid has been coordinated by the Department of Defense c. The U.S. Agency for International Development emphasizes short-range plans d. The U.S. Agency for International Development concentrates primarily on health, education, and agriculture e. Foreign aid is large part of the U.S. federal budget

Economics