An economist observes that a monopolist does not take full advantage of its market power. She concludes that the firm may not do so because it might not be fair. This economist is most likely to be a(n):
A. engineering economist.
B. irrational economist.
C. traditional economist.
D. behavioral economist.
Answer: D
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A) from point a to point e B) from point a to point b C) from point a to point c D) from point a to point d
Why is it important to understand the bond market?
What will be an ideal response?
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A. substantially decrease B. have not changed C. lead to an increase in D. drop to zero
If labor productivity in a steel mine is 3.5 tons per worker, then 400 steel workers with a fixed amount of capital produce
A. 87.5 tons. B. 1,400 tons. C. 1,750 tons. D. 4,000 tons.