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

Author Question: If a firm's product becomes a commodity A) the firm gains market power. B) the firm's strategy has ... (Read 185 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
If a firm's product becomes a commodity
 A) the firm gains market power.
  B) the firm's strategy has apparently paid off.
  C) the firm has become a monopoly.
  D) the firm looses market power.

Question 2

A valid argument against redistributing income to achieve complete equality is that:
 a. income equality would destroy the social cohesiveness that exists among different income groupings.
 b. this would eliminate the monetary incentives to work and produce.
 c. the cost of obtaining the equality would be so deflationary as to promote economic instability.
 d. income equality would imply class segregation based on factors such as sex or race, since income would be constant.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jmfn03

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

b




nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
Excellent


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library