The data points on a supply curve come from
A) survey analysis.
B) the same place from which we get the data points on a demand curve.
C) the supply schedule.
D) companies' annual reports.
C
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The four-firm concentration ratio measures
A) profitability. B) economic efficiency. C) technological efficiency. D) competitiveness.
How does an increase in the price of laptop memory chips affect the market of laptops?
a. The demand curve for laptops shifts to the right b. The demand curve for laptops shifts to the left c. The supply curve for laptops shifts to the right d. The supply curve for laptops shifts to the left
Hyperinflations are usually made possible by
a. multinational corporations. b. highly mobile international capital. c. governments printing money rapidly. d. higher and higher tax rates.
The efficient market hypothesis would lead to the conclusion that
A. people who win big in the stock market are more lucky than smart. B. only the highly skilled investors should put their money into the stock market. C. people who win big in the stock market are usually very good investors. D. markets are not good anticipators of events that affect stock value.