What do diseconomies of cities include?
(a) Pollution
(b) Crime
(c) Congestion
(d) All of the above
(d)
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Suppose that the technology used to produce computers advances. How does this change affect the supply of computers and the supply curve of computers?
What will be an ideal response?
A firm's external financing need is met by:
a. debt or equity. b. owners' equity, including retained earnings. c. net working capital and retained earnings. d. net income and retained earnings. e. retained earnings.
In economics, "real interest rate" can best be described as
What will be an ideal response?
The notion that there are no consumers who lose when a Walmart enters a city
A. is wrong because some consumers prefer shopping at stores that ultimately close. B. is right because consumers can always shop elsewhere. C. is wrong because some consumers shop elsewhere. D. is right because everyone prefers Walmart.