A competitive market is one:
A) that operates with little or no government control.
B) where almost all exchanges take place involuntarily.
C) that has price controls imposed by a ruling authority.
D) where determination of equilibrium quantity need not rely on the forces of demand and supply.
A
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The decision to go to graduate school is a rational one for a college student if the
A) cost is not too great. B) marginal cost exceeds the marginal benefit of graduate school. C) marginal benefit of graduate school exceeds the marginal cost. D) opportunity cost of graduate school equals zero. E) student carefully compared the social benefits of this decision.
The Dodd-Frank Act requires that each member of the board of directors personally certify the accuracy of financial reports
Indicate whether the statement is true or false