Macroeconomics:
A. is concerned with the expansion of a small business into a large corporation.
B. is narrower in scope than microeconomics.
C. analyzes mergers and acquisitions between firms.
D. is concerned with the expansion and contraction of the overall economy.
D. is concerned with the expansion and contraction of the overall economy.
You might also like to view...
What country is the largest holder of foreign debt in the world?
A. U.S.A B. China C. Germany D. United Kingdom E. Russia
Industries with high barriers to entry
a. Pushes profits to normal returns b. Increases the likelihood of firms entering the industry c. Help firms sustain long term profits d. Increases the number of competitors
A move from F to G represents
A. an increase in quantity demanded.
B. a decrease in quantity demanded.
C. an increase in demand.
D. a decrease in demand.
Given the same marginal revenue product (MRP) and supply curves, the equilibrium quantity of labor employed in a monopsonistic labor market will be:
A. equal to that in a competitive labor market. B. less than that in a competitive labor market. C. greater than that in a competitive labor market. D. there is insufficient information for a conclusion.