Refer to Scenario 5.2. Samantha's expected expense for her car is ...

[maychende]

Refer to Scenario 5.2. Samantha's expected expense for her car is
 
  A) 20,000.
  B) 19,000.
  C) 18,000.
  D) 17,500.
  E) 15,000.

Question 2

Although there are many reasons why a market can be non-competitive, the principal economic difference between a competitive and a non-competitive market is:
 
  A) the number of firms in the market.
  B) the extent to which any firm can influence the price of the product.
  C) the size of the firms in the market.
  D) the annual sales made by the largest firms in the market.
  E) the presence of government intervention.

[Bison]

Answer to Question 1

C

Answer to Question 2

B

[maychende]

Thank you

[Bison]

Happy to help you