1.)Competition denotes a condition where: a.)The diffusion of economic power lim

Question

1.)Competition denotes a condition where: a.)The diffusion of economic power limits its potential abuse b.)There are significant hurdles to entering a market c.)A few large sellers are constantly jostling for market share d.)A given product can be purchased at a wide range of prices 2.)Which of the following statements about the right to private ownership is false? a.)It encourages investment and innovation, and thus fosters economic growth b.)It enables individuals to obtain, use, and dispose of land and capital resources as they see fit c.)It weakens the incentive to maintain the property that one already owns d.)It extends to intangibles such as pieces of music and computer programs

Explanation / Answer

b.)There are significant hurdles to entering a market

Related Questions

Navigate

• Browse (All)
• Browse 1
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.