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Author Question: The assertion that income accrues to people as a consequence of interactions among suppliers and ... (Read 122 times)

tth

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The assertion that income accrues to people as a consequence of interactions among suppliers and demanders
 
  A) amounts to an endorsement of the existing system.
  B) amounts to an endorsement of the pattern of income distribution.
  C) ignores the fact that the interactions are often unfair.
  D) offers a way of approaching the issue of income distribution.

Question 2

Price discrimination is never perfect because:
 
  A) it increases consumer surplus.
  B) it is regulated by the government.
  C) it lowers profits of producers to an extent.
  D) it is impossible to know consumers' willingness to pay.



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Anna

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Answer to Question 1

D

Answer to Question 2

D




tth

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Reply 2 on: Jun 29, 2018
:D TYSM


sarah_brady415

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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