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

Author Question: People trade because A) they are able to take advantage of others. B) government regulates the ... (Read 73 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

af

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

D

Answer to Question 2

a




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Excellent


meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library