Each of the following has tended to foster competition except
A. more foreign competition.
B. the declining importance of manufacturing.
C. the rise of new industries.
D. the declining number of corporate takeovers and mergers.
D. the declining number of corporate takeovers and mergers.
You might also like to view...
Americans would probably be supportive of
a. strict controls on hours of work. b. limits on income potential. c. mandatory work limits. d. loose controls on economic activities.
Resources devoted to complying with the tax laws are a type of deadweight loss
a. True b. False Indicate whether the statement is true or false
Which of the following is not an important source of revenue for the federal government?
A. Corporate income taxes. B. Property taxes. C. Payroll taxes. D. Personal income taxes.
In which market type are firms able to influence price on both standardized products and differentiated products by virtue of their size?
A. monopolistic competition B. perfect competition C. oligopoly D. all of the above