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 47 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
:D TYSM

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Action of the glucocorticoid receptor as a transcriptional activator Action of the glucocorticoid receptor as a transcriptional activator
Mechanisms of Action of Drugs Used for Heart Failure Mechanisms of Action of Drugs Used for Heart Failure
Mechanisms of Action of Drugs Used to Treat Angina Mechanisms of Action of Drugs Used to Treat Angina
Mechanisms of Action of Antiprostatic Drugs Mechanisms of Action of Antiprostatic Drugs
Neurotransmitter synthesis, action, and degradation at cholinergic synapses. Neurotransmitter synthesis, action, and degradation at cholinergic synapses.
Mechanisms of action of coagulation modifiers. Mechanisms of action of coagulation modifiers.
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library