Typically, oligopolistic industries have a high ______.
a. number of sellers
b. level of perfect competition
c. number of monopolies
d. rate of profit
d. rate of profit
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
A copyright creates a monopoly by restricting ________
A) the prices that can be charged B) demand for the product C) entry into the market D) the number of creators and inventors
What is the domino effect or contagion?
What will be an ideal response?
People have less incentive to invest the more concerned they are that their investment will not be
a. appropriated by government b. stolen by thieves c. protected from high tax rates d. destroyed by civil unrest e. blown up by terrorists