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

Author Question: Now suppose competition among several market makers forces the spread down to 4 . How many goods are ... (Read 33 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
Now suppose competition among several market makers forces the spread down to 4 . How many goods are traded?
 a. Four
  b. Five
  c. Six
  d. Seven

Question 2

The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:
 a. secular trend
  b. cyclical variation
  c. seasonal effect
  d. unpredictable random factor
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

a

Answer to Question 2

b





 

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library