Just because a firm can deter entry by a competitor does not mean it will deter entry.
Answer the following statement true (T) or false (F)
True
Rationale: It may be sufficiently costly to deter entry such that the incumbent firm is better off allowing the entrant into the market and competing.
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Refer to the table above. For trade to occur along the lines of comparative advantage, wages in A relative to wages in B (measured in the same currency)
A) must be at least twice but less than 3 times as great. B) must be less than three times as small. C) must be greater than $2 but less than $3. D) Need more information to answer.
Deficits that arise from discretionary fiscal policy lead to: a. increased private demand for money, which is offset by the sale of more government securities
b. decreased private demand for money, which is offset by the sale of more government securities and higher interest rates c. increases in the number of government securities sold to the public and higher interest rates. d. decreases in the number of government securities sold to the public and higher interest rates. e. increases in the public's demand for money and increases in the number of government securities sold to the public, leading to lower interest rates.
A good that is most likely to be in the producer price index is:
A. light trucks. B. gasoline. C. passenger cars. D. All of these are in the PPI.
Investment equals inventory investment added to
A) business purchases of new capital goods. B) purchases of new residential housing. C) fixed investment. D) business purchases of new capital goods and purchases of new residential housing. E) either c or d