Empirical studies indicate that entry:
A. increases price and profits.
B. decreases price, but increases profits.
C. decreases price and profits.
D. increases price, but decreases profits.
Answer: C
Economics
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a. Threaten to not tell b. Always not tell c. Threaten to tell d. All of the above
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In a simplified banking system, the money multiplier falls as the required reserve ratio rises
a. True b. False Indicate whether the statement is true or false
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