Social regulations can create
A) a more competitive market place.
B) network externalities.
C) a lower HHI.
D) barriers to entry.
D
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A green pasture has turned barren due to overgrazing. This happened because the pasture was ________
A) excludable and rival B) non-excludable and non-rival C) excludable but non-rival D) non-excludable but rival
Investment, as included in GDP, consists of what?
What will be an ideal response?
Apple, the consumer electronics giant, on Tuesday rolled out new versions of its popular iPad tablet. Suppose when the price of an iPad decreases by 20 percent, the number of songs downloaded on iTunes increases by 30 percent
Based on this information iTunes are A) a normal good. B) an inferior good. C) substitutes for iPads. D) complements to iPads.
If firms are more optimistic that future profits will rise and remain strong for the next few years, then
A) investment spending will remain unaffected. B) investment spending will rise and then fall. C) investment spending will rise. D) investment spending will fall.