A share of stock represents a claim on the assets of all the partners
Indicate whether the statement is true or false
F
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The Cournot model assumes that firm A maximizes its profit, holding firm B's output constant
What will be an ideal response?
If the interest rate on the loanable funds market is above its equilibrium level,
a. the equilibrium rate will rise b. people will want to borrow more funds than are available c. the supply curve of loanable funds will shift to the left d. there is an excess supply of loanable funds e. this is an excess demand for loanable funds
Which of the following are NOT scarce?
a. time for leisure activities b. computers c. compact discs d. the air we breathe
When the residents of a nation are free to trade with foreigners, domestic producers will be able to
What will be an ideal response?