Recall the Application about the merger of Office Depot and Office Max to answer the following question(s).Recall the Application. Which of the following represent increased competition in the office supplies market?
A. general superstores like Wal-Mart and Target
B. membership warehouse clubs like Costco and Sam's Club
C. internet retailers like Amazon
D. All of these
Answer: D
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Use the information in the table below.Total salesIndustry 1Firm 1$5.3mFirm 2$199,000Firm 3$2.6mFirm 4$850,000What percent of total sales does Firm 1 make up in Industry 1?
A. 89% B. 53% C. 59% D. 25%
In recent years, a monetary growth rule has fallen out of favor because
A) the close relationship between movements in M1 and movements in real GDP has become weaker. B) it is believed that active monetary policy destabilizes the economy and makes the business cycle worse. C) the growth rate of GDP has been highly unstable. D) the growth rate of M1 has become more stable.
If the price of flash memory cards increases, then there will be ________ of flash memory cards
A) a decrease in the supply B) an increase in the supply C) an increase in the quantity supplied D) a decrease in the quantity supplied
Economies of scale is another term for
a. increasing returns to scale. b. constant returns to scale. c. increasing marginal physical productivity. d. decreasing returns to scale.