This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the text, a government policy of promoting competition must A) assure small ... (Read 103 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
According to the text, a government policy of promoting competition must
 
  A) assure small businesses they won't fail because of below-cost pricing or other predatory practices by larger businesses.
  B) assure small businesses they won't fail under any circumstances.
  C) equate profit margins among competing suppliers.
  D) maintain a process rather than some state of affairs.
  E) work toward making sellers' demand curves completely elastic.

Question 2

According to the text, the cost-plus-markup procedure
 
  A) is the only sensible way to set prices.
  B) is a sure-fire way to ruin a business.
  C) is a general rule of thumb for price searchers.
  D) can be practiced only by price takers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


wenmo

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


spencer.martell

  • Sr. Member
  • ****
  • Posts: 342
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t Volvulus. A volvulus results when the small intestine twists, causing an obstruction that can lead t
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Measuring the Head Circumference of an Infant or Small Child Measuring the Head Circumference of an Infant or Small Child
This battery-powered tester uses light-emitting diodes (LEDs), meter lead terminals, and two small ... This battery-powered tester uses light-emitting diodes (LEDs), meter lead terminals, and two small ...
Digestion & Absorption in the Small Intestine Digestion & Absorption in the Small Intestine
The Scale of the Very Small and Very Large: Powers of 10 The Scale of the Very Small and Very Large: Powers of 10
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library