Author Question: Which of the following statements is true about a competitive market? A competitive market A) has ... (Read 52 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
Which of the following statements is true about a competitive market? A competitive market
 
  A) has a handful of sellers but always has many buyers.
  B) must have a physical location.
  C) includes markets for goods and services but not for inputs.
  D) has so many buyers and sellers that no one can influence the price.
  E) has one seller competing to sell his or her product.

Question 2

Figure 4.3 illustrates the demand for tacos. An increase in the demand for tacos is represented by the movement from
 
  A) point a to point b. B) point c to point b. C) D2 to D1. D) D0 to D1.



janeli

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library