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 61 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


xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library