In the long run the monopolistic competitor ________ at peak efficiency and the perfect competitor ________ at peak efficiency.
A. operates; operates
B. operates; does not operate
C. does not operate; operates
D. does not operate; does not operate
C. does not operate; operates
Economics
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What is the tragedy of the commons? Give two examples, including one from your state
What will be an ideal response?
Economics
In Dakistan, 3M people work, 0.5M are unemployed and get UI benefits, 0.1M are unemployed without UI benefits and 3M have no intention to work. The unemployment rate is (to the nearest %)
A) 7%. B) 9%. C) 14%. D) 17%.
Economics