This topic contains a solution. Click here to go to the answer

Author Question: Allocation schemes can be based on A) prices. B) randomness. C) government decisions. D) all ... (Read 81 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
Allocation schemes can be based on
 A) prices.
  B) randomness.
  C) government decisions.
  D) all of these choices.

Question 2

Mutual interdependence means that:
 a. each firm faces a perfectly elastic demand curve.
 b. each firm faces a perfectly inelastic demand curve.
 c. firms choose price and output simultaneously.
 d. firms must anticipate the possible reaction of rivals to their own economic behavior.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jennafosdick

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

B

Answer to Question 2

d




Beheh

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library