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Home Q & A Board Other Fields Homework Help Business Economics
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lstar1993 lstar1993
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5 years ago

Question 1.

In order to have ________ distribution of final products to households, free and open markets are essential.



▸ an efficient

▸ an equitable

▸ a fair

▸ All of these are correct.

Question 2.

Under perfect competition, firms produce the ________ level of output because price equals marginal cost.



▸ greatest

▸ most costly

▸ equitable

▸ efficient
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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JaxJax
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#1
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5 years ago
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lstar1993 Author
wrote...

5 years ago
Thanks
jodie1
wrote...

Yesterday
You make an excellent tutor!
Kstan109
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2 hours ago
Good timing, thanks!
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