All possible gains from specialization and exchange would be ...

[rmenurse]

All possible gains from specialization and exchange would be fully exploited only under which market structure?
 
  A) Pure monopoly
  B) Perfect competition
  C) Oligopoly
  D) Structures allowing for price-searching activity
  E) Structures where entry is restricted

Question 2

Of the following cancer patients, who is speculating?
 
  A) The one who follows their doctor's advice and elects chemotherapy
  B) The one who goes against their doctor's advice and rejects chemotherapy
  C) The one who gets a second opinion, but not a third opinion
  D) All of the above.
  E) None of the above.

[31809pancho]

Answer to Question 1

B

Answer to Question 2

D