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Author Question: ___________ is a process rather than an end-state, beginning with an unsatisfied need that creates ... (Read 145 times)

washai

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on: Jul 1, 2018
___________ is a process rather than an end-state, beginning with an unsatisfied need that creates tension or direction.
 
  a. Expertise
  b. Motivation
  c. Resilience
  d. Challenge

Question 2

Contestable markets can be competitive with only a few firms.
 
  Indicate whether the statement is true or false


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whitcassie

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

T Entry is so easy in a contestable market that even with just one firm selling, if it sets its price too high entrants will undercut it and steal the market, or at least part of it.


washai

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  • Posts: 523
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

hramirez205

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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