Horizontal mergers are pretty rare in the United States due to antitrust laws
Indicate whether the statement is true or false
F
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In an efficient market, deadweight loss is ____
a. maximum. b. minimum. c. constant. d. zero.
Economists tend to be concerned about entry barriers. Why are entry barriers so important?
Which of the following statements is true?
A) In the monetarist transmission mechanism, changes in the money market directly affect aggregate demand. B) In the monetarist transmission mechanism, there is no need for the money market to affect the loanable funds market or investment before aggregate demand is affected. C) In the monetarist transmission mechanism, if individuals are faced with an excess supply of money, they spend that money on a wide variety of goods---not just bonds or other assets, as is the case in the Keynesian transmission mechanism. D) a and b E) a, b and c
Suppose an airline company has several empty seats on a flight and the full price of an air ticket is $500 while the marginal cost per passenger is $100. The flight leaves in one hour. Which of the following actions will be the best profitable way to to ensure the remaining seats are sold?
What will be an ideal response?