Which anti-discrimination law prohibits discrimination against qualified individuals with disabilities who work in the federal government?
A) the Civil Rights Act of 1964
B) the Equal Employment Opportunity Act of 1972
C) the Americans with Disabilities Act of 1990
D) the Rehabilitation Act of 1973
D
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Assume the market shares of the six largest firms in an industry are 15 percent each. The six-firm concentration ratio would indicate that the industry is highly concentrated, while the Herfindahl- Hirschman Index would not
Indicate whether the statement is true or false
A monopolistic competitor will not make an economic profit unless
A. it engages in price discrimination. B. its marginal revenue is greater than its marginal cost. C. it faces an inelastic demand curve. D. its price is greater than its average total cost.
The demand curve for a monopolistic competitor slopes downward because
a. demand drops to zero after a slight price increase. b. there are close but not perfect substitutes for the product. c. customers have no loyalty to the product. d. the product is undifferentiated.
Dobson Construction has an investment project that would cost $150,000 today and yield a one-time payoff of $167,000 in three years. Among the following interest rates, which is the highest one at which Dobson would find this project profitable?
a. 5 percent b. 4 percent c. 3 percent d. 2 percent