In economics, the study of the decisions of firms in industries where the profits of each firm depend on its interactions with other firms is called

The idea that "supply creates its own demand" is attributed to which of the following economists?

A) Adam Smith B) David Ricardo C) A. C. Pigou D) J. B. Say

In terms of economic organization, the main difference between high schools and colleges is _____

a. that most colleges are monopolies while high schools are highly competitive b. that most colleges are for-profit institutions while high schools are public nonprofits c. that more market mechanisms are used at the college level d. there are no differences in economic organization between the two