Author Question: Which of the following statements about markets and industries is TRUE? A) A market includes ... (Read 57 times)

Mr.Thesaxman · **on:** Jul 1, 2018

Which of the following statements about markets and industries is TRUE?

A) A market includes buyers but not sellers.
B) A market includes sellers but not buyers.
C) An industry includes buyers but not sellers.
D) An industry includes sellers but not buyers.

Question 2

Refer to Scenario 5.2. Randy's expected expense for his car is

A) 20,000.
B) 19,000.
C) 18,000.
D) 17,500.
E) 15,000.