What usually prevents products with only one provider, such as natural gas, from being pure monopolies?
a. geographic isolation
b. barriers to entry
c. available substitutes
d. direct competition
c. available substitutes
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The process of research and development
A. always leads to useful products. B. almost never leads to useful products. C. often involves a waste of resources. D. is usually conducted in governmental laboratories.
Rio Tinto was able to introduce robotic machines into its mining operations because of developments in computer technology, the Global Positioning System (GPS), and robotics
The company's mining operations are an example of ________, in which devices directly communicate data to a computer without a person having to enter the data. A) Artificial Intelligence B) Technological Singularity C) the use of Big Data D) the Internet of Things
In a market economy, income is primarily determined by
a. the productivity of household resources b. the level of transfer payments c. government monetary and fiscal policy d. the geographic distribution of resources e. the amount of financial assets owned by households
The best way for a Euroequity to get a listing in the United States is to issue a(n) ________.
A) Global Depositary Receipt B) European Depositary Receipt C) American Depositary Receipt D) Domestic Depositary Receipt