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Author Question: People trade because A) they are able to take advantage of others. B) government regulates the ... (Read 38 times)

ahriuashd

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People trade because
 A) they are able to take advantage of others.
  B) government regulates the market.
  C) the must do so.
  D) they make themselves better off.

Question 2

Under which one of the following market structures are sellers most likely to consider the reaction of rival sellers when they set the price of their product?
 a. oligopoly
 b. perfect competition
 c. pure monopoly
 d. monopolistic competition



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af

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Answer to Question 1

D

Answer to Question 2

a




ahriuashd

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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