The Southern Common Market (MERCOSUR) is actually a
A. free-trade area.
B. economic union.
C. customs union.
D. common market.
Answer: C
Economics
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The monopolist faces the market demand curve
a. True b. False Indicate whether the statement is true or false
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Deadweight loss
a. measures monopoly inefficiency. b. exceeds monopoly profits. c. equals monopoly profits. d. equals monopoly revenues minus profits.
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Which of the following securities has the greatest risk?
a. commercial paper b. corporate bonds c. corporate common stocks d. U.S. Treasury bills e. state and local government bonds
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The Marginal Cost curve usually
A. cuts through the minimum of the average total cost curve. B. cuts through the minimum of the average variable cost curve. C. is J-shaped. D. all of the options are correct.
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