Effective oligopolistic collusion is more likely to occur when customer orders are small, frequent, and received on a regular basis as compared with large orders that are received infrequently at irregular intervals
a. true b. false
a
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Money's medium of exchange function helps to compute the real value of labor
Indicate whether the statement is true or false
Which of the following variables are needed to determine the break-even quantity?
a. Marginal costs b. Fixed Costs c. Selling Price d. All of the above
An increase in real interest rates will increase saving and decrease aggregate demand, other things equal
a. True b. False Indicate whether the statement is true or false
Other things constant, if a labor union is able to successfully increase the wages of autoworkers, there will be
a. an increase in the supply of automobiles causing the price of automobiles to fall. b. an increase in the supply of automobiles causing the price of automobiles to rise. c. a decrease in the supply of automobiles causing the price of automobiles to fall. d. a decrease in the supply of automobiles causing the price of automobiles to rise.