The main advantage of diversification as an investment policy is that it-
What will be an ideal response?
Answer: reduces risk to investors
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If the average interval between firms' price adjustments is relatively short
A) an increase in aggregate demand will cause a relatively short-lived increase in real GDP. B) an increase in aggregate demand will cause a relatively long-lived increase in real GDP. C) a reduction in aggregate demand will cause a relatively long-lived reduction in real GDP. D) both B and C
In the United States, imports have exceeded exports in every year since 1979
a. True b. False
Monopolistic competition is characterized by: a. one firm selling several products
b. many firms selling the same product. c. many firms selling slightly different products. d. one firm selling one product.
Organizational structure can be a strategic asset if it
A) adds value. B) adds value and can be duplicated. C) adds value and cannot be duplicated. D) can be franchised.