Milk is considered a commodity because it is which of the following? A. bought in many different ways B. an inexpensive product C. the same no matter who sells it D. an agricultural product

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Milk is considered a commodity because it is: the same no matter who sells it.

Expert answered|Heather71|Points 1380|

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Asked 10/15/2009 8:33:08 PM

Updated 12/31/2019 11:12:03 AM

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Edited by anthony23 [12/31/2019 11:11:39 AM], Confirmed by anthony23 [12/31/2019 11:12:03 AM]

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An agreement among members of an oligopoly to set prices and production levels is called A) price leadership. B) competition. C) collusion. D) imperfect monopoly.

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Updated 7/13/2018 2:18:36 PM

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Masamune

An agreement among members of an oligopoly to set prices and production levels is called collusion.

Added 7/13/2018 2:18:36 PM

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inventions like celluar phones can affect the government's antitrust policies because?A)people using the technology do not want antitrust regulations.B)government rules can allows higer charges than competition.C)the tenology causes the need for more strict regulation than before.D)they can meanthat the need for regulation no longer exists.

Weegy: C (More)

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Updated 6/24/2023 12:56:09 AM

1 Answer/Comment

Aj25

Inventions like celluar phones can affect the government's antitrust policies because the tenology causes the need for more strict regulation than before.

Added 6/24/2023 12:56:09 AM

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What does the word speculation mean to an economist?A) investing in a type of stock the buyer knows little about.B)making small , high-risk investments with surplus money.C)making high-risk investment with borrowed money.D)investing in low-risk stock with surplus money.

Weegy: D (More)

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Updated 10/15/2023 5:01:04 PM

1 Answer/Comment

Nimantha18

To an economist, the word speculation typically means:

Making high-risk investments with borrowed money.

Added 10/15/2023 4:34:38 PM

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Confirmed by matahari [10/15/2023 5:00:58 PM]

compelete each sentence by writing the correct term in the blank provided when government wants to ensure that essential goods and services are within the reach of all consumer,it may impose a ________

Weegy: tax (More)

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Updated 5/31/2023 9:27:47 AM

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MichellDonovan

when gov. wants to ensure that "essential" goods or services are within the reach of all consumers, it may impose a: price ceiling.

Added 5/31/2023 9:27:42 AM

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To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market. True or false.

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Updated 8/30/2018 1:55:07 AM

1 Answer/Comment

emdjay23

To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market. TRUE.

Added 8/30/2018 1:34:30 AM

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