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Author Question: Interdependent decision making on price, quality, or advertising is characteristic of a. perfect ... (Read 36 times)

jazziefee

  • Hero Member
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  • Posts: 505
on: Jun 30, 2018
Interdependent decision making on price, quality, or advertising is characteristic of
 a. perfect competition
  b. monopolies
  c. oligopolies
  d. monopolistic competition
  e. both oligopolies and monopolistic competition

Question 2

Rent seeking reduces our economy's overall efficiency by
 a. getting government to adopt legislation that actually reduces production
  b. disseminating market information
  c. lowering taxes
  d. getting voters more interested in politics
  e. reducing equity


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Meganchabluk

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

C

Answer to Question 2

A


jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

TheDev123

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  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

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