Which of the following is NOT considered a measure of firm conduct?
A. Lerner index of pricing behavior
B. Research and development measures
C. Dansby-Willig index
D. Advertising measures
Answer: C
You might also like to view...
Which one of the following statements is TRUE for BOTH perfect competition and monopolistic competition?
A) Each type of firm faces a downward sloping demand curve. B) Each type of firm produces a homogeneous product. C) In the long run, firms in both industries make zero economic profit. D) Each type of firm competes on product quality and price.
The international financial system operated under a gold standard
a. from the 1500s through the present b. from 1879 through the present c. from 1879 to 1914 d. from 1914 to 1939 e. never
Fluctuations in the foreign ________________ rate can affect an economy’s ability to repay its outstanding international debt in the short run.
a. unemployment b. exchange c. production d. return
Costs that are forever lost after they have been paid are:
A. fixed costs. B. production costs. C. sunk costs. D. variable costs.