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.
Economics
Government-led antitrust actions are far more common than private antitrust cases.
Answer the following statement true (T) or false (F)
Economics
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.
Economics
All points within the production possibilities frontier are
A) unattainable. B) efficient. C) inefficient. D) profitable.
Economics