When individuals or firms make an investment, they incur costs today in the hope of future gains
Indicate whether the statement is true or false
TRUE
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Suppose a monopolist has zero marginal cost but positive recurring fixed costs. Then, if it is efficient to produce, the efficient quantity to produce occurs where demand crosses the horizontal (quantity) axis.
Answer the following statement true (T) or false (F)
Oligopoly is an industry with a small number of firms producing homogeneous or differentiated goods with minimal barriers to entry
a. True b. False Indicate whether the statement is true or false
A recommended policy for DVCs to implement that promotes economic growth is:
A. Establishing realistic policies for exchange rates B. Obtaining more low-interest loans from the U.S. government C. Encouraging more tariffs and quotas to protect DVC businesses D. Discouraging direct foreign investment to make DVCs more self-sufficient
Refer to the data. From this information we can conclude that the net foreign factor income is:
Answer the question on the basis of the following data. All figures are in billions of dollars.
A. negative $5 billion.
B. zero.
C. positive $5 billion.
D. positive $15 billion.