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Author Question: Interdependent decision making on price, quality, or advertising is characteristic of a. perfect ... (Read 76 times)

jazziefee

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  • Posts: 505
on: Jun 30, 2018
Interdependent decision making on price, quality, or advertising is characteristic of
 a. perfect competition
  b. monopolies
  c. oligopolies
  d. monopolistic competition
  e. both oligopolies and monopolistic competition

Question 2

Rent seeking reduces our economy's overall efficiency by
 a. getting government to adopt legislation that actually reduces production
  b. disseminating market information
  c. lowering taxes
  d. getting voters more interested in politics
  e. reducing equity


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Meganchabluk

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

C

Answer to Question 2

A


jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

scikid

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  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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