In China, firms owned by the government are known as

A) state-owned enterprises (SOEs).
B) government enterprises.
C) corporations.
D) government owned partnerships.


A

Economics

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In general, the cost of an input:

A. decreases when you've reached the point of diminishing marginal product in your firm. B. is minimized when you've reached the point of diminishing marginal product in your firm. C. stays the same when you've reached the point of diminishing marginal product in your firm. D. increases when you've reached the point of diminishing marginal product in your firm.

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After the imposition of the quota, the quantity demanded of TVs is ________.

A. 40,000 B. 100,000 C. 20,000 D. 80,000

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For years, your neighbor insisted she had no desire to own a computer. Recently, however, she purchased one and says she did so because all her relatives have computers and she wants to exchange e-mail with them. Your neighbor's behavior is an example of

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Economics