In the Baumol model, the total quantity sold will usually be ...

[joblessjake]

In the Baumol model, the total quantity sold will usually be larger than
 
  A) if perfect competition prevailed.
  B) if total costs were minimized.
  C) if profit were maximized.
  D) if companies were interdependent.

Question 2

For an individual concerned with whether or not the Social Security system provides a good rate of return on the money paid into the system, she only needs to look at the return on investment for previous beneficiaries.
 
  a. True b. False

[zenzy]

Answer to Question 1

C

Answer to Question 2

b

[joblessjake]

Gracias!

[shailee]

Excellent