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Author Question: Interdependent decision making on price, quality, or advertising is characteristic of a. perfect ... (Read 66 times)

jazziefee

  • Hero Member
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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

  • Sr. Member
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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
Excellent

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Great answer, keep it coming :)

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