There is no control over price by firms in:
A. pure competition.
B. pure monopoly.
C. oligopoly.
D. monopolistic competition.
Answer: A
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Refer to above figure. If OmL1 workers are employed in manufacturing then what is the marginal productivity of labor in agriculture?
What will be an ideal response?
Which of the following is a single statistic that summarizes a rating agency's view of the issuer's likely ability to make the required payments on its bonds?
A) grade B) bond rating C) speculation D) yield
Table 9-1 Output Consumption Investment Net Exports 1,000 800 500 100 1,500 1,200 500 100 2,000 1,600 500 100 2,500 2,000 500 100 3,000 2,400 500 100 3,500 2,800 500 100 4,000 3,200 500 100 ? In Table 9-1, at output of 4,000, inventories are
A. decreasing by 200. B. increasing by 200. C. increasing by 300. D. decreasing by 300.
If there is 100 percent reserve banking, the money supply is unaffected by the proportion of the dollars that the public chooses to hold as currency versus deposits.
Answer the following statement true (T) or false (F)