If the demand for a good is increasing while the supply curve remains unchanged, then we will observe
A) more purchases at a higher price.
B) more purchases at a lower price.
C) fewer purchases at a higher price.
D) fewer purchases at a lower price.
A
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Which of the following is not a criticism of monopolies?
a. They restrict output. b. They set price above the perfectly competitive level. c. They tend to be less innovative than firms in a competitive market. d. They exert a disproportionate amount of political influence. e. They reduce allocative efficiency through perfect price discrimination.
Lower inflation rates are usually correlated with lower unemployment rates
a. True b. False Indicate whether the statement is true or false
At about what number of companies does the reduction in risk from adding stocks of more companies to a portfolio do little to reduce risk?
If the APC is 1.1, the APS is
A. -0.1. B. 0. C. 0.1. D. 0.9.