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Author Question: The use of government to supplant market outcomes is called A) market failure. B) rent seeking. ... (Read 54 times)

EAugust

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The use of government to supplant market outcomes is called
 A) market failure.
  B) rent seeking.
  C) free riding.
  D) efficiency.

Question 2

When oligopolists join together in a cartel, they:
 a. choose to ignore their mutual interdependence.
 b. indicate awareness that their behavior is interdependent.
  c. violate the law of supply and demand.
 d. attempt to behave like perfect competitors.



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paavo

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Answer to Question 1

B

Answer to Question 2

b




EAugust

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Reply 2 on: Jun 30, 2018
Wow, this really help


milbourne11

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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