Suppose a babysitter demands payment in full before the parents go out for the night. Using the economic way of thinking, the babysitter is clearly
A) exploiting the parents.
B) exploiting the children.
C) selling short.
D) in it only for the money.
Question 2
The uncertainty and ambivalence surrounding government policies toward competition stems from
A) conflict between the goals of preserving competition and protecting competitors.
B) the influence producers are able to exert on agencies charged with enforcing laws governing business practices.
C) uncertainty about the actual effects of various measures intended to promote competition.
D) all of the above.
E) none of the above but from uncertainty about federal, state, or local jurisdiction.
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