Oligopolists behave independently of each other
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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A firm uses two inputs, A and B. At its optimal choice of input proportions,
A. MRP of A = MRP of B. B. MRPA/PA= MRPB/PB. C. MPP of A = MPP of B. D. All of the responses are correct.
Economics
Construction of chain-weighted real GDP employs the technique of a
A) Hilfindahl index. B) Fisher index. C) Gini index. D) Body mass index.
Economics
Ceteris paribus means
A. as realistic as it can be B. the assumption of rational behavior C. making all the necessary changes. D. other things constant.
Economics
If the monetary multiplier is 6, then the reserve requirement must be
A. 0.6. B. 0.167. C. 1.67. D. 0.06.
Economics