A nation that lacks sufficient capital given its size even though it has ample natural resources is
a. the United States.
b. Japan.
c. Canada.
d. China.
d. China.
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The supply curve of dollars in the foreign exchange market is:
A) downward sloping. B) upward sloping. C) horizontal. D) vertical.
Theory is to data as
A) economics is to the price of iPads. B) economics is to art. C) economics is to sociology. D) accounting is to economics.
Which of the following is the result of allocative and productive efficiency being met at the same time in a long-run equilibrium?
a. Perfect competition b. Market entry c. Maximum output d. Monopolistic competition
To maximizes profits, what price should ATC Communication charge?
The table below shows the demand curve and cost information for ATC Communication, a firm that is a monopoly.
a. $600
b. $800
c. $400
d. $200