The key element in preserving a monopoly is
a. government subsidy of critical enterprises.
b. keeping potential rivals out of the market.
c. guaranteeing availability of substitute products.
d. increased advertising expenditure.
B
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How is dollarization different from monetary union?
What will be an ideal response?
The central problem of economics is the
A) Distribution of goods and services to those in need. B) Human wants exceeding the availability of resources. C) Inefficiency of government operations. D) Labor unemployment.
Which of the following would NOT be considered a capability in the capabilities approach?
A. To live free of the fear of violence B. To be able to find secure and meaningful work C. To be able to afford to travel freely D. All of these are considered capabilities
A straight-line production possibilities curve
a. reflects increasing production costs b. occurs when opportunity costs are constant c. is impossible d. exists only when one good is produced e. is positively sloped