This topic contains a solution. Click here to go to the answer

Author Question: A market that mainly stresses product differentiation is called A) perfectly competitive. B) ... (Read 79 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
A market that mainly stresses product differentiation is called
 A) perfectly competitive.
  B) monopolistically competitive.
  C) a monopoly.
  D) an oligopoly.

Question 2

Identify some of the salient features of voting as a method of determining the majority preference.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

B

Answer to Question 2

Voting for elected officials and government policies can sometimes bring outcomes that are consistent with the preferences of the median voter. In other situations the voting process is manipulable, either because the person who sets the agenda can control the outcome, or because voters can individually gain by misrepresenting their true preferences.




tatyanajohnson

  • Member
  • Posts: 569
Reply 2 on: Jun 30, 2018
Gracias!


hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library