Externalities can be either detrimental or beneficial to others
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The open interest on calls __________ the open interest on puts
A) is always equal B) is always larger C) is always smaller D) has no direct relationship with
Economies of scale may be a barrier to entry in a situation in which
A) only small-scale production can lower the per-unit cost of production. B) only small-scale production can meet the constantly changing market demand. C) only large-scale production can lower the per-unit cost of production. D) large-scale production is inefficient.
In a market characterized by many buyers and one seller, investment in informative advertising by a seller can ____ the price of a commodity to customers and lower their _____ cost of acquiring information
a. decrease; sunk cost b. increase; transaction cost c. increase; sunk cost d. decrease; transaction cost
Discounted cash flows shows that dollars received now are worth less than dollars received in the future.
Answer the following statement true (T) or false (F)