We are assuming that returns to scale are

A) scalable.
B) constant.
C) increasing.
D) zero.


B

Economics

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The market-based system which allocates tradeable pollution permits to companies is known as a cap-and-trade system

Indicate whether the statement is true or false

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If the Fed wants to depreciate the U.S. dollar against the British pound, it will ________

A) sell foreign exchange B) decrease the money supply C) sell British pounds D) sell U.S. dollars

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Laws that prohibit collective bargaining agreements requiring a worker to join a union as a condition of employment are called

a. collective bargaining agreements. b. minimum wage laws. c. union shop laws. d. right-to-work laws.

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Market power is the power to produce at the lowest cost.

Answer the following statement true (T) or false (F)

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