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 192 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
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Black flies are blood-sucking insects who vector disease, like River Blindness, while feeding on hum Black flies are blood-sucking insects who vector disease, like River Blindness, while feeding on hum
Pacific Black Duck (Anas superciliosa) Pacific Black Duck (Anas superciliosa)
Evaporation of a Black Hole Evaporation of a Black Hole
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Labeling of black cohosh Labeling of black cohosh
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library