For diversification to be a successful management strategy, it must

A) generate accounting profits.
B) earn normal profits.
C) protect market share.
D) add value.


D

Economics

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In analyzing the market for a particular good, the most appropriate size of the market to consider

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Variable costs equal fixed costs when nothing is produced

a. True b. False Indicate whether the statement is true or false

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Our trade deficit is big for three main reasons: (1) ______, (2) ______, and (3) ________.

Fill in the blank(s) with the appropriate word(s).

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Starting from long-run equilibrium, a war that raises government purchases results in ________ output in the short run and ________ output in the long run.

A. lower; potential B. higher; potential C. higher; higher D. lower; higher

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