There are more than 50 blueberry farmers in Shammonton, New Jersey, that grow, package, and distribute the same quality blueberries
An individual farmer cannot charge more than the going market price per unit without the risk of losing business to the other farmers. This is an example of ________.
A) pure competition
B) monopolistic competition
C) oligopolistic competition
D) a pure monopoly
E) a black market
A
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The volume of sales (or calendar date) at which sales revenue of a product or service equals its
costs is known as the ________. A) Keynesian endpoint B) Morris-Putnam point C) break-even point D) reorder point
Which of the following statement blocks correctly uses a scalar variable in an assignment statement?
A. DECLARE order NUMBER(2) := 4; total_amt NUMBER(2); BEGIN total_amt = 12; END; B. DECLARE order NUMBER(2) := 4; total_amt NUMBER(2); BEGIN total_amt := 12 * order; END; C. DECLARE order NUMBER(2) := 4; total_amt NUMBER(2); BEGIN order := total_amt *12; END; D. DECLARE order NUMBER(2) := 4; total_amt NUMBER(2); BEGIN total_amt := total_amt *12; END;
While the total amount of fixed cost changes with the level of production, fixed cost per unit remains constant as volume changes.
Answer the following statement true (T) or false (F)
In the Kelo case, the tension in the facts involved: A)?The right of local government to take private property used for one purpose and give it to another private party for a different use as part of an economic development plant
B)?The right of local government to clean up blighted areas through the use of eminent domain. C)?Whether eminent domain can be used for economic development. D)?Whether private landowners can use the Civil Rights Act for protection of their land.