[Answered] John Stuart Mill accepted the basic assumptions of laissez-faire economic theory. Indicate ...

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

Author Question: John Stuart Mill accepted the basic assumptions of laissez-faire economic theory. Indicate ... (Read 59 times)

Zoey63294

Hero Member
Posts: 539

on: Jul 14, 2018

John Stuart Mill accepted the basic assumptions of laissez-faire economic theory.

Indicate whether the statement is true or false.

Question 2

Mill noted that economists tend to exaggerate the real effects of competition.

Indicate whether the statement is true or false.

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

tsternbergh47

Sr. Member
Posts: 311

Reply #1 on: Jul 14, 2018

Answer to Question 1

False

Answer to Question 2

True

Zoey63294

Member
Posts: 539

Reply 2 on: Jul 14, 2018

Wow, this really help

rachel

Member
Posts: 323

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

« previous next »

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.