For a competitive market, a. a seller can always increase her profit by raising the price of her product. b. a single buyer can influence the price of the product but only when purchasing from several sellers in a short period of time. c. a seller often charges less than the going price to increase sales and profit. d. if a seller charges more than the going price, buyers will go elsewhere to make their purchases.

What is the difference between secure bonds and naked bonds?

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society? a. two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.b. two airlines dominate air travel between city a and city b, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.c. two superpowers decide whether to build new weapons or to disarm.d. in all of the above cases, the cooperative outcome of the game is good for the two players and bad for society