One of the challenges for modern scholars, policy makers, and citizens concerning international politics is discerning
a. the positive from the negative aspects of democracy.
b. changes in patterns of global inequality.
c. what represents a state and what represents an individual.
d. what represents change and what represents continuity.
d. what represents change and what represents continuity.
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In 2050 it is estimated that the world's most populous country will be:
a. Indonesia b. Japan c. India d. Brazil
Marginal revenue product of labor equals marginal product times the wage only when the firm is a perfect competitor in the product market
a. True b. False
Define monopolistic competition
In a monopolistic competitive industry, how does a small appliance firm differentiate its products by emphasizing intangible aspects?
a. By offering a money-back guarantee b. By selling products through major retailers c. By offering products in multiple colors d. By offering discounts on new models