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

Author Question: Esther wants to buy a used car from her neighbor, who quotes a price of 18,000. Esther negotiates ... (Read 67 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
on: Jun 29, 2018
Esther wants to buy a used car from her neighbor, who quotes a price of 18,000. Esther negotiates with her neighbor and offers him 16,500 for the car. This is an example of ________.
 
  A) bilateral bargaining
  B) collective bargaining
  C) arbitration
  D) speculation

Question 2

A monopolistic competitor earns zero economic profits if ________.
 
  A) price is higher than average total cost
  B) price is lower than marginal cost
  C) price is equal to marginal cost
  D) price is equal to average total cost


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Athena23

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


deesands

  • Member
  • Posts: 514
Reply 2 on: Jun 29, 2018
Wow, this really help

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896 Wheat and Cotton Prices and Consumer Price Indexes, 1865–1896
Alan Price - Poor People Alan Price - Poor People
Price of Computers, 1982–2010 Price of Computers, 1982–2010
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library