Which of the following is a correct listing of industry models ordered from most competitive to least competitive?
a. perfect competition - monopolistic competition - monopoly
b. perfect competition - monopoly - monopolistic competition
c. monopolistic competition - perfect competition - monopoly
d. monopolistic competition - monopoly - perfect competition
a
Economics
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If August futures for a commodity are currently trading at $9.30/bushel, and you expect the basis in July to be $0.30/bushel over the August futures, then you expect the July cash price to be:
A. $9.05/bushel under August B. $9.55/bushel over August C. $9.00/bushel D. $9.60/bushel
Economics
Distinguish macroeconomics and microeconomics.
What will be an ideal response?
Economics