According to the authors of your text, a politician's interest in ...

[Chloeellawright]

According to the authors of your text, a politician's interest in getting reelected
 
  A) expands the politician's time horizon.
  B) leads the politician to concentrate on policies capable of generating short-run benefits.
  C) further encourages the politician to conform more to acting in the public interest.
  D) is based chiefly on selfish interest.

Question 2

How does the textbook's notion of competition as a process differ from 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) For all of the above reasons.

[momo1250]

Answer to Question 1

B

Answer to Question 2

E

[Chloeellawright]

Thanks for the timely response, appreciate it

[dawsa925]

Gracias!