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Author Question: Measures which aim at eliminating the income disparity between the rich and the poor affect ... (Read 124 times)

fagboi

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Measures which aim at eliminating the income disparity between the rich and the poor affect incentives to work, innovate, take risks, acquire education, and so on.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Why does a monopolist face the market demand curve?
 a. Presence of a large number of substitutes
  b. Presence of a large number of buyers in the market
  c. Barred entry of any new firm in the market
  d. Produces a homogeneous product
  e. Consumers have perfect knowledge of the market



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Shshxj

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Answer to Question 1

True

Answer to Question 2

c




fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


juliaf

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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