In a competitive market, there are a ________ number of buyers and a ________ number of sellers
A) large; small
B) small; large
C) small; small
D) large; large
D
You might also like to view...
Suppose you are very picky about your outdoor BBQ experiences --- and you need exactly 1 cup of lighter fluid for each bag of charcoal you use. If you have either leftover charcoal or leftover lighter fluid, you simply discard it.
a. Letting cups of lighter fluid be denoted as 
and bags of charcoal as 
, give the simplest possible utility function that captures your tastes.
b. Suppose that your favorite charcoal has just gotten better because the producer has infused the charcoal with half a cup of lighter fluid per bag. How does your answer to (a) change?
What will be an ideal response?
Critics of stabilization policy argue that monetary and fiscal policies affect the economy with _____
Fill in the blank(s) with correct word
The purpose of establishing the Federal Reserve System was
A. to regulate commercial banking. B. to provide for a more elastic currency. C. to increase the confidence in the nation's banks. D. All of the choices are correct.
Of the following examples, the sales for ______ will most likely be affected by the health of the economy.
a. drain cleaner b. towels c. dishwashing liquid d. popcorn