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Which supports the economist's claim that buyers don't compete against sellers?

Sublight2097

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9 years ago

Which supports the economist's claim that buyers don't compete against sellers?

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.

Textbook

The Economic Way of Thinking

The Economic Way of Thinking

Edition: 13^th

Authors: Heyne, Boettke, Prychitko

Read 479 times

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Sydnie

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Sublight2097 Author

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9 years ago

Another one in the books, marking it solved.

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