This topic contains a solution. Click here to go to the answer

Author Question: If Mark tries to purchase a new refrigerator in a perfectly competitive market, then A) he will ... (Read 5 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
If Mark tries to purchase a new refrigerator in a perfectly competitive market, then
 
  A) he will have a very limited ability to negotiate over the price.
  B) he will have only a few sellers available to him.
  C) he will see large differences in the types of refrigerators sold across sellers.
  D) he will find himself constantly haggling with sellers over the price.
  E) None of the above is correct.

Question 2

The larger the marginal propensity to consume
 
  A) the smaller the multiplier is. B) the larger the multiplier is.
  C) the smaller autonomous consumption is. D) the larger the marginal propensity to save is.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

A

Answer to Question 2

B




Kikoku

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Gracias!


lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library