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

Author Question: Now suppose competition among several market makers forces the spread down to 4 . How many goods are ... (Read 22 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jul 1, 2018
Now suppose competition among several market makers forces the spread down to 4 . How many goods are traded?
 a. Four
  b. Five
  c. Six
  d. Seven

Question 2

The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:
 a. secular trend
  b. cyclical variation
  c. seasonal effect
  d. unpredictable random factor
  e. none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


jjjetplane

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jul 1, 2018
Correct answers!


yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Competition in a forest can be as intense as competition on a coral reef. However, much of the compe Competition in a forest can be as intense as competition on a coral reef. However, much of the compe
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
If raising a vehicle without a frame, place the flat pads under the pinch weld seam to spread the ... If raising a vehicle without a frame, place the flat pads under the pinch weld seam to spread the ...
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Hydroelectric power: 2013 Global Market Hydroelectric power: 2013 Global Market
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library