Which of the following does not have the power to set prices?
A.) A duopoly.
B.) A monopoly.
C.) An oligopoly.
D.) A perfect competitor.
D.) A perfect competitor.
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The consumer's income is $800.According to the above figure, why doesn't the consumer choose the combination of 30X and 56Y at point A?
A. MRS is greater than PX / PY . B. MUX / PX is less than MUY / PY . C. MUX is greater than MUY . D. MRS is less than PX / PX .
The United States' most important trading partner quantitatively is:
A. China. B. Canada. C. Mexico. D. Japan.
Tax cuts aimed at businesses can stimulate
A) social spending. B) net exports. C) private consumption. D) investment spending.
Which of the following areas of study is included in the field of macroeconomics?
a. electricians’ wage rates b. monopolistic pricing c. price of automobiles d. general price level