What are the 4 characteristics of oligopoly? Four characteristics of an oligopoly industry are: Few sellers. There are just several sellers who control all or most of the sales in the industry. Barriers to entry. It is difficult to enter an oligopoly industry and compete as a small start-up company. Interdependence. Prevalent advertising. Is iPhone […]

What price will maximize the profit? Profit is maximized at the quantity of output where marginal revenue equals marginal cost. Marginal revenue represents the change in total revenue associated with an additional unit of output, and marginal cost is the change in total cost for an additional unit of output. Who is a price taker […]

Why is normal profit an implicit cost? Because he could be using his time and energy to earn a salary at a different job, this normal profit represents an opportunity cost of owning his farm. Because it does not involve the actual spending of money, normal profit is classified as an implicit cost of doing […]

How old is Stacie from Barbie? 12 years old How much is a 1967 Barbie worth? Standard Barbie Doll 1967 Standard Barbie in Original Box and Swimsuit. Sold for $400 via Apple Tree Auction Center (August 2015). Why is Barbie not a good role model? Yet, Barbie has been described as being a “bad influence” […]

Do doctors work in NASA? They still have medical doctors at the Johnson Space Center. In fact, they have both civil servant physicians and contractor physicians. The biggest group of physicians are the Flight Surgeons. Many of NASA’s flight surgeons come from the military where they were already serving as flight surgeons. What can I […]

In which article fundamental rights are provided? Article 12 to 35 contained in Part III of the Constitution deal with Fundamental Rights. These are: Right to equality, including equality before law, prohibition of discrimination on grounds of religion, race, caste, sex or place of birth, and equality of opportunity in matters of employment. Which fundamental […]

Where is the dragon landing? Gulf of Mexico Who invented NASA? Dwight D. Eisenhower What is the point of NASA? Our more than 18,000 professionals come from many diverse backgrounds, but are united by a common purpose: to pioneer the future in space exploration, scientific discovery and aeronautics research. In addition to our core values, […]

What is respiratory emergency? Respiratory emergencies may range from “shortness of breath,” or dyspnea, to complete respiratory arrest, or apnea, in which the patient is no longer breath- ing. These conditions can result from a large number of causes, but most typically they involve the respira- tory tract or the lungs. Is coughing a respiratory […]

Which country has best space program? US The US What NASA really means? National Aeronautics and Space Administration Is NASA a bureaucracy? A vestigial bureaucracy still profiting from something it achieved in 1969, NASA has managed to stay alive, decade after decade, despite mounting irrelevance. In his seminal survey of the politics of America’s “Space […]

What was life like during American Revolution? During the Revolutionary War more soldiers died from disease than from combat. Soldiers had a poor diet, worn out clothes, damp shelters, and lived in unsanitary conditions. Diseases such as smallpox and typhus killed thousands of soldiers. Hospitals and medicine were not very good at this time in […]

Does Vicks Vapor Rub help clear sinuses? Answer From Jay L. Hoecker, M.D. Vicks VapoRub — a topical ointment made of ingredients including camphor, eucalyptus oil and menthol that you rub on your throat and chest — doesn’t relieve nasal congestion. Can respiratory distress syndrome be cured? Treatments for RDS include surfactant replacement therapy, breathing […]

What are snob goods? A snob or ostentatious good is a good where the main attraction is related to its image of being expensive, exclusive and a symbol of social status. These goods will have restricted supply and only be available to people with high income. What are Giffen goods and snob goods? The concept […]