This topic contains a solution. Click here to go to the answer

Author Question: Now suppose competition among several market makers forces the spread down to 4 . How many goods are ... (Read 61 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
Now suppose competition among several market makers forces the spread down to 4 . How many goods are traded?
 a. Four
  b. Five
  c. Six
  d. Seven

Question 2

The variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:
 a. secular trend
  b. cyclical variation
  c. seasonal effect
  d. unpredictable random factor
  e. none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

a

Answer to Question 2

b





 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

For a complete list of videos, visit our video library