A vertical FE curve indicates perfect capital mobility.
Answer the following statement true (T) or false (F)
False
You might also like to view...
In a market based firm
A) headquarters is really only interested in external business relationships. B) headquarters still needs total budget control. C) headquarters assigns property rights. D) a focus on manufacturing is appropriate.
The over 280,000 people employed in regulatory agencies of the federal government represent
A. A compliance cost. B. An administrative cost. C. An information cost. D. An efficiency cost.
A firm that successfully differentiates its product or lowers its average cost of production creates
A) a perfectly inelastic demand curve for its product. B) value for its customers. C) entry barriers into its market. D) economies of scale.
An investor who sees through irrational optimism of a market could:
A. earn a profit by betting against what everyone else is doing. B. follow the lead of what most are doing, and earn consistent profits. C. earn a profit by being a "leader" among the "herd." D. be overwhelmed by market optimism and simply do what everyone else is doing.