Author Question: The major advantage of a market economy is that a. it maximizes the need for resource-flow data b. ... (Read 79 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
The major advantage of a market economy is that
 a. it maximizes the need for resource-flow data
  b. prices convey most of the information necessary to coordinate economic activity among firms
  c. data are aimed at central planners
  d. prices are essentially meaningless
  e. All of the answers are correct

Question 2

A firm should be transparent, meaning
 a. the windows at headquarters should be cleaned regularly
  b. if executives lie during a stockholder meeting, people should be able to see right through them
  c. someone should be able to look at the books and the balance sheet and tell exactly what's going on
  d. None of the answers is correct
  e. All of the answers are correct



Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library