An oligopoly might occur as a result of:
A. economies of scale in production.
B. government barriers to entry.
C. advertising.
D. All of these
Answer: D
Economics
You might also like to view...
The discount window is
A) another name for the discount rate. B) the means by which the Fed makes discount loans to banks. C) the spread between the discount rate and the T-bill rate. D) the period each month during which banks are allowed to apply for discount loans.
Economics
Given the average tax rate t, a general expression for the budget deficit is
A) tG - Y. B) Y - tG. C) G - tY. D) Y - (G/t).
Economics
The size effect and the diffusion effect always occur in isolation
Indicate whether the statement is true or false
Economics
When is an individual said to have single-peaked policy preferences?
What will be an ideal response?
Economics