This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A black market is a market in which A) goods are traded at prices above their legal maximum ... (Read 191 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
A black market is a market in which
 
  A) goods are traded at prices above their legal maximum prices.
  B) sales taxes are effectively doubled.
  C) goods are sold at outlet prices.
  D) sales take place exclusively at outlet prices.

Question 2

Which of the following is TRUE of an oligopoly?
 
  A) They engage in nonprice competition.
  B) They do not react to actions of their competitors.
  C) Each firm produces a small portion of the total output.
  D) Firms do not care what their competitors do.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


KWilfred

  • Member
  • Posts: 570
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Intermediate Black Hole Intermediate Black Hole
black widow spider black widow spider
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Using a black light to spot leaks after adding dye to the oil. Using a black light to spot leaks after adding dye to the oil.
Black female Vs. Gray male Black female Vs. Gray male
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library