Of the four major market structures, oligopoly is the worst at achieving economic efficiency
a. True
b. False
B
Economics
You might also like to view...
The principle of diminishing marginal utility implies that total utility falls as consumption rises above a certain level
a. True b. False
Economics
The "paired observation" of (-10, -6 ) means
A) x = -10, y = -6. B) x = -6, y = -10. C) that the distance between the two points will be 16. D) the origin is at -10 and -6.
Economics
In ________ the United States Congress created the Federal Trade Commission.
A. 1787 B. 1890 C. 1914 D. 1950
Economics
It is possible to purchase diplomas from diploma mills. The situation in which the degrees are more important than the knowledge they are supposed to represent is called:
A. accreditation. B. credentialism. C. cretinism. D. diplomacy.
Economics