Constellation Brands Inc is the world's biggest wine firm with 300-plus brands, from jug wines to coveted California reds, including the Clos du Bois, Geyser Peak and Woodbridge by Robert Mondavi labels
Based on this characteristic of firms, why would Constellation be more efficient than a market at coordinating economic activity? A) Constellation has economies of scope.
B) Constellation has lower transaction costs.
C) Constellation has economies of scale.
D) Constellation has economies of team production.
A
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Which of the following provisions was not a component of the Intolerable Acts?
a. Permitted British officials charged with crimes to be tried in Britain. b. Raised taxes in Boston to pay for the tea destroyed during the Boston Tea Party. c. Provided for the quartering of troops in the city of Boston. d. Revised the charter of Massachusetts to make some rights dependent on the decisions of a governor who was appointed by England.
Between 1914 and 1920, the US price level ______________
a. fell dramatically. b. nearly doubled. c. rose and fell in accordance with intensity of the war. d. remained relatively stable.
Other things the same, if the Japanese real interest rate were to increase, Japanese net capital outflow
a. and net capital outflow of other countries would rise. b. and net capital outflow of other countries would fall. c. would rise, while net capital outflow of other countries would fall. d. would fall, while net capital outflow of other countries would rise.
A bond offers a $50 coupon, has a face value of $1,000, and has 10 years to maturity. If the interest rate is 4.0% what is the value of this bond?
What will be an ideal response?