There are fewest problems in distinguishing between which two market structures?
a. oligopoly and monopolistic competition
b. monopolistic competition and perfect competition
c. monopoly and perfect competition
d. oligopoly and monopoly
e. oligopoly and perfect competition
C
Economics
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What is consumer surplus?
What will be an ideal response?
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Consumers who do not consistently discount the future over time are likely to ________
A) under-report their taxable income B) be unprepared financially for retirement C) opt in to employer-sponsored savings plans D) make excessive sacrifices on behalf of their children
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Human capital is the equipment and machinery used directly by workers
a. True b. False
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The United States has less income inequality than most other developed countries.
Answer the following statement true (T) or false (F)
Economics