A direct relationship exists when:
A. there is no association between two variables.
B. one variable increases and there is no change in the other variable.
C. one variable increases and the other variable increases.
D. one variable increases and the other variable decreases.
Answer: C
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A low concentration ratio suggests
A) a high degree of monopolization. B) a high degree of competition. C) that wages are a low share of costs. D) that wages are a high share of costs.
After the Civil War, many Southern farmers fell into a long-run spiral of debt caused by
a. the monopoly power of country stores. b. the monopoly power of railroads. c. excessive interest rates charged by banks. d. carpetbaggers.
In situations where businesses who choose to discriminate because they are prejudiced are few in an industry, discrimination:
A. will persist in an efficient market. B. will be eliminated by the competitive market. C. will persist because customers will not give them patronage. D. None of these is true.
Which statement is true?
A. Xn has always been positive. B. Xn has always been negative. C. Xn had been positive from 1900 until the 1970s. D. Xn had been negative from 1900 until the 1970s.