This topic contains a solution. Click here to go to the answer

Author Question: Competition among sellers occurs A) when marginal revenue equals marginal cost. B) when price ... (Read 194 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
Competition among sellers occurs
 
  A) when marginal revenue equals marginal cost.
  B) when price equals marginal cost.
  C) when price equals marginal revenue.
  D) whenever sellers try to attract customers from one another.

Question 2

When the Fed sells bonds on a mass scale
 
  A) bonds go to the Fed, and dollars go into the banking system, so the money supply tends to rise.
  B) bonds go to the Fed, and dollars exit the banking system, so the money supply tends to fall.
  C) banks have fewer bonds and more dollars, so the money supply tends to rise.
  D) banks have more bonds and fewer dollars, so the money supply tends to fall.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D

Answer to Question 2

D





 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library