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Author Question: The graph of two variables, x and y, is a horizontal line. This result indicates that x and y are ... (Read 57 times)

kodithompson

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on: Jun 29, 2018
The graph of two variables, x and y, is a horizontal line. This result indicates that x and y are
 
  A) positively related.
  B) negatively related.
  C) not related.
  D) falsely related.

Question 2

A price maker is a firm that:
 
  A) has the power to affect the price of the product it sells.
  B) earns economic profits in both the short run and the long run.
  C) can sell any quantity of its product at the prevailing market price.
  D) sells its products at a price equal to the marginal cost of production.


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IRincones

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

C

Answer to Question 2

A


kodithompson

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Reply 2 on: Jun 29, 2018
Excellent

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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