Answer:
Delivery versus payment account is the correct answer.
Explanation:
Answer: 1. statement d
2. statement d
Explanation: This can be explained as follows :-
1.Government intervention should be done on those sectors that results in maximization of wealth. Private sector is the back bone of every economy's free market, thus, protecting private property is the correct option.
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2. Issuing patent right to the inventor will result in monopoly by that particular producer and that too of a necessary commodity hence option d is correct.
Answer:
The correct answer is option d.
Explanation:
If oligopolists are able to collude successfully, they will be able to fix price and output similar to a monopoly.
In order to maximize profits, the oligopoly firms keep their prices higher than a perfectly competitive firm but lower than monopoly. The output level is kept higher than a monopoly firm but lower than a perfectly competitive firm.
Answer:
D. Manufacturer to wholesaler to consumer
Explanation:
I had the same quiz question and I chose that one. May not be correct though
