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Author Question: According to the authors of your text, a politician's interest in getting reelected A) expands ... (Read 25 times)

Chloeellawright

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According to the authors of your text, a politician's interest in getting reelected
 
  A) expands the politician's time horizon.
  B) leads the politician to concentrate on policies capable of generating short-run benefits.
  C) further encourages the politician to conform more to acting in the public interest.
  D) is based chiefly on selfish interest.

Question 2

How does the textbook's notion of competition as a process differ from the model of perfect competition?
 
  A) The process notion allows for uncertainty and incomplete information; perfect competition doesn't.
  B) The process notion allows for price searching activity; perfect competition doesn't.
  C) The process notion allows for product differentiation; perfect competition doesn't.
  D) The process notion allows for a small number of participants; perfect competition doesn't.
  E) For all of the above reasons.



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momo1250

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Answer to Question 1

B

Answer to Question 2

E




Chloeellawright

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


pratush dev

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Reply 3 on: Yesterday
Excellent

 

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