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Author Question: Which of the following best describes the entire U. S. refreshment beverage market? A) monopoly ... (Read 32 times)

luminitza

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Which of the following best describes the entire U. S. refreshment beverage market?
 
  A) monopoly
  B) oligopoly
  C) monopolistic competition
  D) perfect competition

Question 2

In a company, if high-ability workers get paid 80,000, while low-ability workers get paid 50,000, the education (MBA) that can qualify the workers as high-ability ones cost 20,000.
 
  What's the highest share of high-ability workers to get a separating equilibrium? A) 1/4
  B) 1/3
  C) 1/2
  D) 1



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rleezy04

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Answer to Question 1

C

Answer to Question 2

B




luminitza

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


ultraflyy23

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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