Price wars occur more often in monopolistic competition than in ...

[lindiwe]

Price wars occur more often in monopolistic competition than in other market structures.
 a. True
  b. False

Question 2

Budget maximization by bureaus leads to
 a. efficient budgets
  b. budgets greater than those desired by median voters
  c. budgets less than those desired by median voters
  d. budgets equal to those desired by median voters
  e. budgets less than those desired by the majority of voters

[mariahkathleeen]

Answer to Question 1

B

Answer to Question 2

B

[lindiwe]

Excellent

[abro1885]

Thanks for the timely response, appreciate it