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Author Question: A competitive market is always efficient. Indicate whether the statement is true or ... (Read 129 times)

lindiwe

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A competitive market is always efficient.
 
  Indicate whether the statement is true or false

Question 2

The incidence of the tax between buyers and sellers depends only on the elasticity of demand.
 
  Indicate whether the statement is true or false



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prumorgan

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Answer to Question 1

FALSE

Answer to Question 2

FALSE




lindiwe

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


meow1234

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

 

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