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Author Question: Measures which aim at eliminating the income disparity between the rich and the poor affect ... (Read 65 times)

fagboi

  • Hero Member
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  • Posts: 535
on: Jun 30, 2018
Measures which aim at eliminating the income disparity between the rich and the poor affect incentives to work, innovate, take risks, acquire education, and so on.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Why does a monopolist face the market demand curve?
 a. Presence of a large number of substitutes
  b. Presence of a large number of buyers in the market
  c. Barred entry of any new firm in the market
  d. Produces a homogeneous product
  e. Consumers have perfect knowledge of the market


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Shshxj

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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