The market for corn in Kansas is considered to be competitive. This means there are ________ buyers and ________ sellers of corn in Kansas.
Fill in the blank(s) with the appropriate word(s).
many; many
Economics
You might also like to view...
Special interests influence tax policy at all levels of government, but ______
a. they are most effective at the local level b. they are most effective at the state level c. they are most effective at the federal level d. they are equally effective at all levels of government
Economics
The 2008-2009 recession began as oil prices increased, and then was followed by a negative demand shock
a. True b. False
Economics
Without government intervention, public goods would
a. be much less expensive. b. not be provided. c. be produced in much larger quantity. d. be priced within the income ability of all individuals to purchase them.
Economics
When 2 units of labor are used, output is
A. 5.
B. 8.
C. 10.
D. 13.
Economics