Strategic behavior occurs when a firm takes a particular strategy without considering the policies of its rivals
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
In June 2008, $1 bought 104 yen and in October, $1 bought 93 yen. This change means
A) U.S. exports became more expensive for Japanese buyers. B) there will be a movement down along the demand curve for dollars. C) there was an increase in the value in the dollar, relative to the yen. D) the dollar appreciated relative to the yen.
When interest rates rise, the quantity demanded of money held for the:
a. speculative motive rises. b. precautionary motive rises. c. transactions motive falls. d. precautionary motive falls. e. speculative motive falls.
The type of unemployment that occurs because of a recession is called
a. frictional unemployment. b. seasonal unemployment. c. natural unemployment. d. cyclical unemployment.
Answer the following statement(s) true (T) or false (F)
1. Public choice economists feel that government activities are the result of individual behaviors. 2. Competition has been eliminated from the public sector. 3. The individual consumption–payment link is created by majority rule. 4. Most voters are extremely liberal or extremely conservative. 5. Ideally, voters in a democracy should know about the candidates and the issues.