If import licenses are auctioned off to domestic importers in a competitive market, their scarcity value (revenue effect) accrues to
a. foreign corporations.
b. foreign workers.
c. domestic corporations.
d. the domestic government.
d. the domestic government.
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______________________________ relates to the relative number of buyers and sellers in a particular industry
Fill in the blank(s) with correct word
Firms like Dunkin' Donuts and Subway sharing space with quick service restaurants is an example of a(n) ____________
a. single source market b. economy of scale c. ministore d. economy of scope e. multi-brand strategy
Justine Inc has the following information available for 2011: Cash balance on 1/1/2011 $ 12,000 Cash balance on 12/31/2011 20,000 Net cash provided by investing activities 50,000 Net cash provided by financing activities 16,000 The operating activity section of Justine's statement of cash flows would show:
A) net cash provided by operating activities of $58,000. B) net cash utilized by operating activities of $58,000. C) net cash utilized by operating activities of $98,000. D) net cash provided by operating activities of $98,000.
_______ is the belief that some acts are always right or always wrong, whereas ______ is the belief that a decision may be right even if it is not in keeping with our own ethical standards
a. Moral universalism; moral relativism b. Moral relativism; moral universalism c. Utilitarianism; deontological ethics d. Deontological ethics; utilitarianism