Successful antitrust cases against monopoly have been rare in the last sixty years
Indicate whether the statement is true or false
T Since the Alcoa case in 1944, few successful attacks have been made against monopoly.
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Monetary costs and opportunity costs are always identical.
Answer the following statement true (T) or false (F)
A decrease in the real exchange rate will tend to ________ exports and to ________ imports.
A. increase; decrease B. decrease; decrease C. decrease; increase D. increase; increase
In the reality TV show Storage Wars, people bid on the contents of repossessed storage units without being able to evaluate the contents. This is an example of a ________ auction
A) common value B) private value C) Dutch D) second-price
How does an increase in income affect the market of iPads (normal good)?
a. The demand curve for iPads to shift to the right b. The demand curve for iPads to shift to the left c. The supply curve for iPads to shift to the right d. The supply curve for iPads to shift to the left