Smith Barney, Charles Schwab, and Merrill Lynch are all primarily:
A. investment banks.
B. mutual fund companies.
C. insurance companies.
D. securities firms.
D. securities firms.
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A resource that is a common property is
A) oil on land owned by a drilling and refining company. B) natural gas on land owned by an energy producer. C) timber on land owned by a lumber company. D) water in a publicly owned river.
Along the portion of the consumption function that lies above the 45-degree line, saving is
A. equal to consumption. B. positive. C. negative. D. equal to zero.
A move from F to G represents
A. an increase in quantity supplied.
B. a decrease in quantity supplied.
C. an increase in supply.
D. a decrease in supply.
Refer to the provided graph. Minimum efficient scale occurs at
A) Q3. B) Q2. C) Q1. D) Q4.