When one company is owned by a corporation but is chartered separately from the parent company, this is
A. a subsidiary.
B. a clone.
C. used for tax evasion.
D. illegal.
A. a subsidiary.
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Average product falls any time
a. marginal product is falling. b. marginal product is rising. c. marginal product is below it. d. total product is rising.
Beyond the Fed's immediate control, a wave of pessimistic economic forecasts in the banking industry can effectively ________ e and thus ________ the money supply
A) raise, raise B) raise, reduce C) reduce, raise D) reduce, reduce
In which market structure does a firm have the LEAST influence over the market price?
A) monopoly B) monopolistic competition C) oligopoly D) perfect competition
Marginal ________ is the added revenue from producing and selling one more unit of output.
A. revenue B. cost C. income D. profit