Goodwill can be a source of comparative advantage.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Christina Romer argued that
A) measured properly, GNP before 1929 varied substantially less over time than the official statistics showed. B) measured properly, GNP after 1929 varied substantially more over time than the official statistics showed. C) measured properly, economic expansions after 1929 were shorter than the official statistics showed. D) measured properly, economic expansions before 1929 were shorter than the official statistics showed.
When the value of the dollar changes from £0.75 to £0.5, then the British pound has ________ and the U.S. dollar has ________
A) appreciated; appreciated B) depreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
Which of the following situations is likely to generate noncooperative behavior in repeated games?
A) The game is repeated a finite number of times. B) There are many players in the game. C) The payoffs can change rapidly from one game period to the next. D) All of these situations can generate noncooperative behavior.
In the short run when output is zero, total cost is:
a. equal to total variable cost. b. greater than total fixed cost. c. equal to total fixed cost. d. less than total fixed cost. e. less than total variable cost.