Which supports the economist's claim that buyers don't compete against sellers?
A) Diners would rather have more restaurants to choose among.
B) Music buyers prefer having access to internet music stores compared to only the local music shop in town.
C) Car buyers prefer several dealerships in the region compared to only one.
D) Homebuyers prefer a larger selection of homes to a smaller one.
E) All of the above.
E
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Which of the following is true?
A) The supply of credit and labor demand are positively correlated. B) The supply of credit and the quantity of real output are unrelated. C) The supply of credit and the quantity of real output are positively correlated. D) The supply of credit and labor demand are negatively correlated.
Sticky wages:
A. slow economic recoveries but decrease the costs that unemployed workers bear. B. speed economic recoveries but increase the costs that unemployed workers bear. C. slow economic recoveries and increase the costs that unemployed workers bear. D. speed economic recoveries and decrease the costs that unemployed workers bear.