« previous next »

Author Question: Which of the following statements is true about a competitive market? A competitive market A) has ... (Read 56 times)

Starlight

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
competitive inhibition competitive inhibition
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
Lineweaver–Burk plots of the reactions with and without a competitive inhibitor Lineweaver–Burk plots of the reactions with and without a competitive inhibitor
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Inflammation

For a complete list of videos, visit our video library