An increase in demand and a decrease in supply cause which of the following?
a. Equilibrium price change is indeterminate.
b. Equilibrium quantity decreases.
c. Equilibrium price falls.
d. Equilibrium price rises.
e. Equilibrium quantity increases.
d
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When an organization sets up a self-contained unit, the risk management teams at the divisional levels become redundant
Indicate whether the statement is true or false
If the real exchange rate between the U.S. and Japan is 1, the nominal exchange rate is 100 yen per U.S. dollar and the price of chicken in the U.S. is $2.50 per pound, what is the price of chicken in Japan?
a. 400 yen per pound b. 250 yen per pound c. 100 yen per pound d. 40 yen per pound
A monopoly would have a concentration ratio of
A. 1. B. 4. C. 100. D. 1,000.
Discuss three types of antitrust policy.
What will be an ideal response?