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Author Question: We all behave as speculators in our economic transactions A) because everyone likes to gamble. ... (Read 50 times)

nautica902

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on: Jun 29, 2018
We all behave as speculators in our economic transactions
 
  A) because everyone likes to gamble.
  B) because we all act in the hope of benefits from a correct anticipation of future events.
  C) unless we never buy on credit.
  D) unless we use the services of middlemen.

Question 2

Fill in the blank: A producer in a ________ market environment would enjoy total market power.
 
  A) perfectly competitive
  B) oligopolistic
  C) pure monopoly
  D) price-taking


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bd5255

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

B

Answer to Question 2

C


nautica902

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

parker125

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Reply 3 on: Yesterday
Excellent

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