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

Author Question: Because the actual market-capitalist system is a combination of market processes and political ... (Read 58 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jun 29, 2018
Because the actual market-capitalist system is a combination of market processes and political processes,
 
  A) it can only be managed appropriately by well-trained political economists.
  B) it is often unclear where to place the blame when things go wrong.
  C) political considerations will always ruin the market process.
  D) economic considerations will always ruin the political process.

Question 2

Which of the following statements is true?
 
  A) In cases of auctions and bilateral negotiations, prices tend to approach the competitive equilibrium.
  B) Bilateral negotiations allow a single buyer and a single seller to privately negotiate with bids and asks.
  C) In auctions, buyers prefer buying from sellers with the highest ask prices.
  D) In auctions, sellers prefer selling to buyers with the lowest bid prices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


joe

  • Member
  • Posts: 627
Reply 2 on: Jun 29, 2018
:D TYSM

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

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?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Disorders of the Male Reproductive System Disorders of the Male Reproductive System
Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
The lymphatic system. The lymphatic system.
Male Reproductive System - Semen Male Reproductive System - Semen
Components of the Lymphatic System Components of the Lymphatic System
Development of the Integumentary System Development of the Integumentary System
Video: Mechanics of Sound Animation

For a complete list of videos, visit our video library