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Author Question: Pick the true statement regarding the notion of competition as a process versus the model of perfect ... (Read 55 times)

wenmo

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on: Jun 29, 2018
Pick the true statement regarding the notion of competition as a process versus the model of perfect competition.
 
  A) The process notion allows for uncertainty and incomplete information; perfect competition doesn't.
  B) The process notion allows for price searching activity; perfect competition doesn't.
  C) The process notion allows for product differentiation; perfect competition doesn't.
  D) The process notion allows for a small number of participants; perfect competition doesn't.
  E) All of the above are true.

Question 2

Keynes rhymes with
 
  A) beans.
  B) gains.
  C) genies.
  D) none of the above.


kxciann

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Reply #1 on: Jun 29, 2018
Answer to Question 1

E

Answer to Question 2

B


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wenmo

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Reply #2 on: Jun 29, 2018
Correct answers!


kxciann

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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