Author Question: Who knows how to measure the true cost of a pint of B-positive blood? A) An economist B) A clerk ... (Read 26 times)

abarnes · **on:** Jun 29, 2018

Who knows how to measure the true cost of a pint of B-positive blood?

A) An economist
B) A clerk at the blood bank
C) Only the Surgeon General of the United States
D) Any competent medical authority
E) None of the above.

Question 2

Refer to the scenario above. Based on the given information, we can conclude that the market for used cell phones in Barylia:

A) has asymmetric information.
B) is perfectly competitive.
C) is monopolistically competitive.
D) has only one seller.