Internet auctions a. allow specialized sellers to reach many ...

[burchfield96]

Internet auctions
 a. allow specialized sellers to reach many customers at low cost
  b. allow specialized buyers to reach many sellers at low cost
  c. always take the form of a Dutch auction
  d. always take the form of an English open outcry auction
  e. are rapidly being replaced by continuous open outcry auctions

Question 2

Compared to a perfectly competitive market, a monopoly tends to produce
 a. more output and charge a higher price
  b. the same amount of output, but charge a higher price
  c. less output and charge a higher price
  d. less output and charge the same price
  e. less output and charge a lower price

[essyface1]

Answer to Question 1

A

Answer to Question 2

C

[burchfield96]

TYSM

[flexer1n1]

Excellent