Suppose prices for new homes have risen and sales of new homes have also risen. We can conclude that
a. the demand for new homes has risen.
b. the law of demand has been violated.
c. new firms have entered the construction industry.
d. construction firms must be facing higher costs.
A
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U.S. imports ________.
A. increase the foreign demand for foreign currencies B. increase the domestic supply of foreign currencies C. decrease the foreign supply of foreign currencies D. increase the domestic demand for foreign currencies
The International Nickel Company of Canada is often cited as an example of monopoly. What was the source of the barrier to entry that gave this firm monopoly power?
A) There were important network externalities in the production of nickel. B) Economies of scale resulted in the company becoming a natural monopoly. C) It was a public enterprise; therefore, the Canadian government blocked entry into the market for nickel. D) control of a key resource
Which of the following factors affects the quantity demanded of a company's stock?
a. The prices of other companies' stocks b. The price of the company's stock c. The returns on other possible investments d. Expectations regarding stock price movements e. Income of the investors
In a cash acquisition
A) cash is transferred from one firm to another. B) the acquired firm must issue new stock. C) the acquiring firm buys stock. D) the acquiring firm buys the acquired firm's bonds.