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Author Question: According to your text, competition generally requires A) fixed costs. B) fixed prices. C) ... (Read 106 times)

SO00

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on: Jun 29, 2018
According to your text, competition generally requires
 
  A) fixed costs.
  B) fixed prices.
  C) fixed profits.
  D) detailed government regulation.
  E) none of the above.

Question 2

According to the authors of your text,
 
  A) society could continue to exist even if people were totally selfish.
  B) genuine concern for the well-being of others is essential if any social cooperation at all is to occur.
  C) anarchism, or a society without a coercive government, is the only socio-political system consistent with free markets.
  D) rules are necessary for government institutions, but not for market institutions.


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Zebsrer

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

E

Answer to Question 2

B


SO00

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Reply 2 on: Jun 29, 2018
Wow, this really help

aliotak

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

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