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

Author Question: According to your authors, which action below clearly restricts competition? A) A large firm ... (Read 25 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
According to your authors, which action below clearly restricts competition?
 
  A) A large firm raises its price.
  B) A large firm lowers its price.
  C) Government deregulates an industry.
  D) Antitrust legislation restricting other suppliers from entering into a market.

Question 2

Your textbook argues that the phrase the distribution of income is misleading because
 
  A) income is not created in a market economy, only wealth is.
  B) it suggests that income is not earned in process of its creation and can simply be parceled out any which way policymakers wish.
  C) income in the form of wages and salaries can be negative, and therefore cannot be distributed.
  D) it is only related to ethical rather than economic considerations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


student77

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Part A - Initiating an action potential Part A - Initiating an action potential
The skulls of living haplorhines differ from those of strepsirhines by having large brains, an enclo The skulls of living haplorhines differ from those of strepsirhines by having large brains, an enclo
Normal action of antidiuretic hormone. Normal action of antidiuretic hormone.
An Enzyme in Action Enzymes speed up reactions in your body An Enzyme in Action Enzymes speed up reactions in your body
Mechanisms of Action of Diuretics Mechanisms of Action of Diuretics
The large, white flowers of giant saguaro cactus (Carnegiea gigantea) produce sweet nectar. The flow The large, white flowers of giant saguaro cactus (Carnegiea gigantea) produce sweet nectar. The flow
Video: Mendel's Principles of Inheritance (Father of Genetics)

For a complete list of videos, visit our video library