Author Question: In a world lacking property rights, it would be ________ to realize the gains from trade and there ... (Read 49 times)

mcmcdaniel · **on:** Jun 29, 2018

In a world lacking property rights, it would be ________ to realize the gains from trade and there would be ________ specialization.

A) easier; less
B) easier; more
C) harder; less
D) harder; more

Question 2

According to the textbook, when claim they are using the cost-plus-markup formula, they

A) usually choose a 10 percent markup
B) usually choose a 50 percent markup
C) usually choose a 100 percent markup
D) might not be correctly describing their price-setting behavior.