One barrier to entry into a monopoly market is:
A. a natural monopoly.
B. commonplace inputs.
C. bulk buying.
D. price gouging.
A. a natural monopoly.
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An increase in the money supply might indicate that the Fed had
a. purchased bonds to increase banks reserves. b. purchased bonds to decrease banks reserves. c. sold bonds to increase banks reserves. d. sold bonds to decrease banks reserves.
The most important source of financial capital for firms today is
A. sale of bonds. B. reinvestment of profits. C. sale of new issues of stock. D. trade of previously issued stock.
What is the total amount that the government should spend on the construction project to attain maximum net benefits for the society?
A. $8 million B. $14 million C. $19 million D. $37 million
If two indifference curves were to intersect at a point, this would violate the assumption of
A) transitivity. B) completeness. C) Both A and B above. D) None of the above.