With regard to preventing entry, if identical firms act simultaneously,
A) they cannot credibly threaten each other
B) they will all incur losses
C) only one firm will enter the market
D) none of them would enter the market
A) they cannot credibly threaten each other
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According to the Institute for Economics and Peace (IEP), as of 2012, "were the world to reduce its expenditures on violence by _________ percent, it would be enough to provide the necessary money for the European stability fund, repay Greece's debt, and cover the increase in funding required to achieve the United Nation's Millennium Development Goals."
a) 10 b) 30 c) 15 d) 25
All of the following took place during the Great Depression EXCEPT
A) increase in unemployment from about 3.4 percent to about 25 percent and a decrease in real GDP by about 30 percent between 1929 in 1933. B) an increase in taxes because of the fear that budget deficits would undermine business confidence. C) a fall in the money supply by more than 30 percent. D) a rise in inflation during the early 1930s. E) the stock market crashed by about one-third in October of 1929.
Which of the following assets is most liquid?
a. Funds in a checking account. b. A car. c. A home. d. A municipal bond.
DeBeers was able to profit the most from the diamond market by selling a:
A. lot of diamonds at high prices. B. lot of diamonds at low prices. C. few diamonds at low prices. D. few diamonds at high prices.