For a firm to be able to engage in price discrimination, it must
A) face a downward sloping demand curve.
B) produce more than one product.
C) have customers of different levels of wealth and age.
D) have economies of scale.
A
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What is NOT an interest bearing asset of commercial banks?
A. required reserves.
B. securities.
C. loans.
D. All of the above
In 2017, new stock sales accounted for ____ in corporate financing because corporations bought back some of their stock.
A. $2 billion B. ?$379 billion C. $1 trillion D. ?$65 billion
Economic freedom:
a. is the right to own property. b. means not having to pay taxes. c. is absent in rich countries. d. affects only poor people. e. is the ability to engage in voluntary trade.
Which controversy developed over a disagreement about how managers make profit maximizing production decisions?
a. Lester-Satlow b. Lester-Machlup c. Friedman-Lester d. Friedman-Phelps e. Kalecki-Gottheil