Which of the following is a correct statement?
a) Both purely competitive firms and monopolistic firms are "price makers".
b) A purely competitive firm is a "price-taker" and a monopolistic firm is a "price-maker".
c) Both purely competitive and monopolistic firms are "price takers."
d) A purely competitive firm is a "price-maker" and a monopolistic firm is a "price-taker".
Answers: 3
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The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
Answers: 1
Business, 22.06.2019 12:00
Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog
Answers: 2
Business, 22.06.2019 19:40
Adistinguishing feature of ecological economics is the concept of cost-benefit analysis steady-state economies that, like natural systems, neither grow nor shrink environmental damage and also environmental benefits are external greenwashing to increase public acceptance of products the only healthy economy is one that is growing
Answers: 1
Which of the following is a correct statement?
a) Both purely competitive firms and monopolistic fi...
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