ECON510-1900-SP11: 8th Assignment
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ECON510-1900-Managerial Economics-SP11-KIM You are logged in as Dhruv Dholakiya (Logout)
UNVA-Online► ECON510-1900-SP11► Quizzes► 8th Assignment► Review of attempt 1
8th Assignment Review of attempt 1 Finish review
Started on Completed on Time taken Marks Grade
Sunday, June 5, 2011, 06:36 PM Sunday, June 5, 2011, 07:43 PM 1 hour 7 mins 24/30 4 out of a maximum of 5 (80%)
The main difference between perfect competition and monopolistic competition is Marks: 1
1
Choose one answer.
a. the ease of exit from the market. b. the degree of product differentiation. c. the number of sellers in the market. d. the difference in the firm's profits in the long run.
Incorrect Marks for this submission: 0/1.
Which of the following is characteristics is common to both monoply and monopolistic competition? Marks: 1
2
Choose one answer.
a. Ease of entry into the industry. b. Long-run economic profit equals 0. c. A relatively large number of sellers. d. Firms are price setters.
Correct Marks for this submission: 1/1.
http://moodle.unva.edu/moodle/mod/quiz/review.php?attempt=62585&showall=true
6/5/2011