All large firms have monopoly power
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Technological progress is one of the mechanisms by which economies can grow
Indicate whether the statement is true or false
Which of the following statements is most correct?
a. The average education of women in the labor force is greater than the average education of men in the labor force. b. Women now constitute over 50% of the labor force of scientists. c. More women than men are currently enrolled in undergraduate and graduate programs. d. Women constitute less than 50% of the current undergraduates in the nation.
When a country experiences capital flight its currency
a. appreciates and net exports rise. b. appreciates and net exports fall. c. depreciates and net exports rise. d. depreciates and net exports fall.
Specialization in production
A. Makes a country weak. B. Reduces the standard of living. C. Increases output. D. Decreases total world output.