Predatory pricing is a form of barrier to entry
Indicate whether the statement is true or false
True
Economics
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The price elasticity of demand is always positive, as is the price elasticity of supply. Is the cross elasticity of demand always positive? Explain your answer
What will be an ideal response?
Economics
What is the difference between product markets and factor markets?
What will be an ideal response?
Economics
Slaves had incentives to remain docile, not resist their work demands and continue to depend on slavery as an institution according to Elkins (1959)
Indicate whether the statement is true or false
Economics
A carbon tax placed on coal will:
A. shift the supply curve for coal to the right. B. shift the supply curve for coal to the left. C. not affect the supply curve for coal. D. decrease the demand for coal.
Economics