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Author Question: How are the fundamental economic questions answered in a market economy? A) Large corporations ... (Read 111 times)

nmorano1

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on: Jun 29, 2018
How are the fundamental economic questions answered in a market economy?
 
  A) Large corporations alone decide the answers.
  B) Households and firms interact in markets to decide the answers to these questions.
  C) Individuals, firms, and the government interact in markets to decide the answers to these questions.
  D) The government alone decides the answers.

Question 2

Explain the characteristics of monopolistic competition. Explain how price and output are determined in monopolistic competition. Illustrate your answer with a graph.
 
  What will be an ideal response?
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paavo

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nmorano1

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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