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Author Question: The assertion that income accrues to people as a consequence of interactions among suppliers and ... (Read 117 times)

tth

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on: Jun 29, 2018
The assertion that income accrues to people as a consequence of interactions among suppliers and demanders
 
  A) amounts to an endorsement of the existing system.
  B) amounts to an endorsement of the pattern of income distribution.
  C) ignores the fact that the interactions are often unfair.
  D) offers a way of approaching the issue of income distribution.

Question 2

Price discrimination is never perfect because:
 
  A) it increases consumer surplus.
  B) it is regulated by the government.
  C) it lowers profits of producers to an extent.
  D) it is impossible to know consumers' willingness to pay.


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Anna

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


tth

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Laurenleakan

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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