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

Author Question: Fill in the blank. A(n) ________ market requires perfect and complete information among all ... (Read 74 times)

Yi-Chen

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
Fill in the blank. A(n) ________ market requires perfect and complete information among all participants.
 
  A) monopolized
  B) oligopolized
  C) perfectly competitive
  D) effective

Question 2

A person who has an absolute advantage in the production of all goods will
 
  A) also have a comparative advantage in the production of all goods.
  B) not be able to gain from specialization and exchange.
  C) have a production possibilities frontier with a constant slope.
  D) have a comparative advantage in the production of some goods but not in the production of others.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


Yi-Chen

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Wow, this really help

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Genetic Information Genetic Information
Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four Table 6.1 illustrates the main regime types and their differences. It breaks the regimes into four
An X-ray of the complete fracture of a radius. An X-ray of the complete fracture of a radius.
"Practice makes perfect" "Practice makes perfect"
Restricting visual information to one hemisphere in cats. To restrict visual information to one ... Restricting visual information to one hemisphere in cats. To restrict visual information to one ...
Complete the following production chart and plot the points. Complete the following production chart and plot the points.
Video: Tuberculosis Testing

For a complete list of videos, visit our video library