Which factor of supply would the introduction of e-mail into places of businesses be?
A. Expectation of the future
B. Price of input
C. Technology
D. Number of sellers
Answer: C
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A firm's decision to expand the size of its production facility would be considered a short-run decision so long as the expansion can be completed in less than a year
Indicate whether the statement is true or false
A monopolist's demand curve is less elastic than a perfect competitor's demand curve
a. True b. False Indicate whether the statement is true or false
Jim has the following assets and liabilities:Credit card balance$1,000Cash$500Government bonds$3,000Checking$750Car loan balance$10,000Car$15,000 What is Jim's money demand?
A. $750 B. $3,250 C. $1,250 D. $500
With microfinance, the mechanism of peer lending is a way to avoid the problem of
A. a double coincidence of wants. B. the tragedy of the commons. C. imperfect information. D. capital flight.