In which market structure is it not possible to practice price discrimination?
A) oligopoly B) monopolistic competition
C) monopoly D) perfect competition
D
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When financial markets and institutions are not efficient in matching savers and borrowers,
A) interest rates fall, which discourages saving even further. B) interest rates fall, which discourages investment even further. C) resources are lost. D) investment rises.
Information and opportunity costs affected patterns of emigration to the U.S
Indicate whether the statement is true or false
Recognizing the incentive power of property rights and markets, some of the most die-hard central planners are now allowing
a. more influence from custom or religion b. family relations to play significant roles c. a role for markets d. communal ownership of property e. inefficient use of resources
A change in price is reflected by a movement along the same demand curve while a change in demand refers to a shift of the entire demand curve.
a. true b. false