The ________ is the share of industry output in sales or employment accounted for by the top firms in an industry.

A. concentration ratio
B. competitive index
C. contestability ratio
D. collusive level


Answer: A

Economics

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Where Y is GDP, C is consumption, I is investment, G is government purchases, T is net taxes, and there is no international trade, the government budget deficit equals:

A. Y + T - G. B. T - G. C. Y - G. D. G - T.

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Government-led antitrust actions are far more common than private antitrust cases.

Answer the following statement true (T) or false (F)

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An e-book that sells new for $200 will typically be sold back to the bookstore "used" for

A. nothing (it can't be re-sold). B. $100. C. $75. D. $50.

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All points within the production possibilities frontier are

A) unattainable. B) efficient. C) inefficient. D) profitable.

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