Business, 09.08.2019 22:20, deebroussard

Which of the following is a characteristic of a perfectly competitive market? a. a large number of firms in a market b. selling a standardized product c. no barriers to entry d. all of the above

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Business, 22.06.2019 21:20, thicklooney

Suppose life expectancy in years (l) is a function of two inputs, health expenditures (h) and nutrition expenditures (n) in hundreds of dollars per year. the production function is upper l equals ch superscript 0.40 baseline upper n superscript 0.60l=ch0.40n0.60. beginning with c = 1, a health input of $400400 per year (hequals=44) and a nutrition input of $400400 per year (nequals=44), show that the marginal product of health expenditures and the marginal product of nutrition expenditures are both decreasing. the marginal product of health expenditures when h goes from 44 to 55 is nothing, and the marginal product of health when h goes from 66 to 77 is nothing. (round your answers to three decimal places.)

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Business, 22.06.2019 22:10, corrineikerd

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Business, 23.06.2019 00:50, alyssamiller401

Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one

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Which of the following is a characteristic of a perfectly competitive market? a. a large number of...