mommiesmyname

how much did the whole pizza weigh?

1) If an industry had 25 firms which collectively had $150 million in total sales and the top 4 firms in this industry accounted for $90 million in sales, what would be the four-firm concentration?

a) 80% b) 60% c) 42% d) 70%

2) Which of the following would be classified as a natural monopoly>?

a) Disneyland b) a municipal water district c) microsoft d)the only gas station in a small town

3) which of the following is the best example of a product likely to be found in a monopolisticallcompetitiveve market structure?

a) electricity b)coal c) fast foorestaurantsts d) wheat

4) Monopolistically competitive firms advertise in an attempt to

a) build brand loyalty b) increase barriers to entry c) lower barriers to entry d) lower their average variable costs

5) Market structure refers to

a)the number, size, and interaction of firms in a market

b) the system of gov.'t regulations preserving free trade

c) the legal regulation of financial markets

d)the legal requirements fir5ms must meet before beginning their operations

1. One difference between perfect competition and monopolistic competition is that:

a.) monopolistic competitors face a perfectly elastic demand for their product, whereas perfect competitors do not.

b.) perfect competitors earn pos. economic profits in the long run, whereas monopolistic competitors do not.

c.) monopolistic competitors advertise to increase sales of their product, whereas perfect competitors do not.

d.) monopolistic competitors earn positive economic profits in the long run, whereas perfect competitors do not.

2.) In the long run the monopolistic competitor will:

a.)charge a price equal to average total cost

b) drive his other competitors out of the industry

c) face a perfectly elastic demand curve

d) earn positive economic profits

3) Which of the following is NOT a feature of a monopolistic competitor

a) differentiated product

b)relatively easy entry

c)advertising

d) homogenous product

Well, I grew up being adopted by the best mom that anyone could ever want or need, but I always felt that sense of rejection from knowing that I was given up...I reunited with my birth mom, knowing that she didn't even really want to meet me..Supposedly she was "afraid"...I knew that she was more concerned with her own feelings and that she didn't really care or love me like a mother loves her child. She was more obsessed with how I was ripped from her arms when i was born than how things are today. Anyway, I have bio-sisters that I am close with and life is great in that area but my bio-mother has rejected me--yet again--and has not replied to me or anything for a year now. I send her birthday notes and emails occasionally trying to tell her that I love her--etc and I get no response--how can anyone be so cruel?? I do not understand it at all.. I am a mom of 6 and I would rather die than make a child that I bore feel the pain of being completely rejected and shunned--I just can't even believe it.