If an automobile manufacturer has an agreement with its air bag? supplier, this is an example of a? ________ agreement.

If a technological advance takes place in the computer industry, then the equilibrium price of a computer will ________ and the equilibrium quantity will ________

A) fall; increase B) fall; decrease C) rise; increase D) rise; decrease

An increase in the demand for our exports

a. increases aggregate demand and income by the amount of the investment multiplier. b. increases imports as well, having no impact on aggregate demand. c. increases aggregate demand and income by less than the amount of the investment multiplier. d. does not impact aggregate demand because this is consumption by foreign countries.

Economies of scale throughout the range of market demand give natural monopolies

a. downward-sloping long-run average cost curves b. upward-sloping long-run average total cost curves c. upward-sloping long-run average cost curves d. upward-sloping short-run average total cost curves e. horizontal long-run average cost curves

Which type of managed care organization has the strictest cost control features?

a. IPA b. Group-model HMO c. PPO d. POS plan e. Closed-panel HMO