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Author Question: A key difference between recessions and depressions is that recessions are: a. longer than ... (Read 96 times)

Garrulous

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on: Jun 30, 2018
A key difference between recessions and depressions is that recessions are:
 a. longer than depressions.
 b. more severe than depressions.
 c. accompanied by price increases, while depressions are accompanied by price decreases.
  d. shorter and less severe than depressions.
 e. accompanied by price decreases, while depressions are accompanied by price increases.

Question 2

Nonprice competition, price leadership, and cartels are models in the ____ market structure(s).
 a. perfectly competitive
  b. monopolistically competitive
  c. oligopoly
  d. monopoly
  e. perfectly competitive and monopolistically competitive


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JCABRERA33

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Garrulous

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Kedrick2014

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

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