long term contracts are less likely when

What will be an ideal response?


the exchange environment is complex

Economics

You might also like to view...

Which of the following is not a barrier to entry?

A) licenses B) patents C) economies of scale D) U.S. antitrust legislation

Economics

If 8,000 workers are unemployed, then the minimum wage must be

a. $8 b. $12. c. $6 d. $14.

Economics

If economic profits are $100,000, and implicit costs are $50,000, how much are your accounting profits?

What will be an ideal response?

Economics

What are two reasons diminishing returns to specialization occur? (Check both responses.)

What will be an ideal response?

Economics