Col1 Firm A B C D E
col2 Market Share(%) 40 30 20 5 5

Refer to the data. Suppose that enforcement of antitrust laws resulted in any firm in this industry with market share above 20 percent to be split into two firms, with each having equal market share. That would cause this industry toa. remain an oligopoly. b.change from monopolistic competition to oligopoly. c. change from oligopoly to monopolistic competition. d. remain monopolistically competitive.

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

Why has the free enterprise system been modified to include some government intervention?

What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?