For perfect competition to work there must be ?
A. many buyers and sellers
B. a standard product
C. free entry and exit
D. perfect information
E. all of the above
A. many buyers and sellers
B. a standard product
C. free entry and exit
D. perfect information
E. all of the above
A. fine tuning
B. monestarism
C. microeconomics foundations of macroeconomics
D. the classical model
A. Fiscal period
B. Calendar year
C. Year unit
D. Fiscal year (FY)
A. Online infomercials
B. Online ads
C. Online broadcasts
D. Online bullets
A. incomes
B. prices of related goods
C. tastes
D. all of the above
A. the slope of the indifference curve equals the slope of the budget constraint
B. the indifference curve is tangent to the budget constraint
C. the relative prices of the two goods equals the marginal rate of substitution
D. none of these answers are true
E. all of these answers are true
A. the agribusiness revolution
B. farming system theory
C. the Green Revolution
D. Agri-R&D