Companies use the foreign-exchange market to convert money for use in financial transactions.
a. true
b. false
a. true
Economics
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Because economic profits are eliminated in the long run in monopolistic competition, to earn an economic profit firms continuously
A) shut down. B) exit the industry. C) innovate and develop new products. D) declare bankruptcy. E) decrease their costs by decreasing their selling costs.
Economics
What are Medicaid and Medicare?
What will be an ideal response?
Economics
Marginal cost is the additional cost to a firm of producing one more unit of a good or service
Indicate whether the statement is true or false
Economics
Which of the following goods is NOT a likely component of the Consumer Price Index?
A) Hamburger B) 87 octane gasoline C) Structural steel beams D) Movie tickets
Economics