This topic contains a solution. Click here to go to the answer

Author Question: A competitive market is always efficient. Indicate whether the statement is true or ... (Read 142 times)

lindiwe

  • Hero Member
  • *****
  • Posts: 577
A competitive market is always efficient.
 
  Indicate whether the statement is true or false

Question 2

The incidence of the tax between buyers and sellers depends only on the elasticity of demand.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

FALSE

Answer to Question 2

FALSE




lindiwe

  • Member
  • Posts: 577
Reply 2 on: Jun 29, 2018
Gracias!


aliotak

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library