One of the primary sources of diseconomies of scale is the inefficiencies associated with managing large scale operations
Indicate whether the statement is true or false
TRUE
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The Mexican peso crisis of 1994 and 1995 was directly related to
A) the start of NAFTA. B) a large capital account surplus. C) a large capital account deficit. D) an undervalued peso. E) a large current account surplus.
When a household owns shares of stock, _____
a. it has ownership rights in that firm b. it is entitled to the majority of the firm's profits c. it is liable to bear the entire loss faced by the firm d. it can consume the firm's products without paying for it e. it is responsible for correcting any defect in the product identified by the customers
Diseconomies of scale exists over the range of output for which the long-run average cost curve is:
a. rising. b. constant. c. falling. d. None of the answers are correct.
Credit cards are regularly used in economic? exchanges, so credit card balances are included in the definition of money.
Indicate whether the statement is true or false.