Author Question: The federal government of the United States was established as a federation of the governments of ... (Read 165 times)

yoroshambo

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The federal government of the United States was established as a federation of the governments of the original thirteen states.
 
  a. True b. False

Question 2

Competitive firms are able to set price above marginal cost when
 
  A) the markup is less than the cost of going to another store.
  B) the markup is greater than the cost of going to another store.
  C) all consumers have full information.
  D) consumers know what other stores are charging.



abctaiwan

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Answer to Question 1

a

Answer to Question 2

A



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