Economists are aware and note that the concentration ratio of the U.S. automobile industry may be misleading in representing the industry's market power because it does not include the
a. market sales of the four biggest car companies
b. scooter market
c. the increased use of public transportation
d. bicycle market
e. imported car market
E
You might also like to view...
Prior to the 1970s, the demand for money (M1 ) was
A) relatively stable. B) unpredictable. C) constant. D) unmeasurable.
What are three reasons that banks charge interest on loans?
What will be an ideal response?
An increase in the prison population would tend to cause, other things the same, a decrease in ________
A) federal disabilities benefits B) the use of temporary workers C) the college premium D) the natural rate of unemployment
Two main reasons that the deficit may increase are:
A. decreases in tax revenues and an increase in government spending. B. changes in interest rates and unemployment. C. increases in household spending and decreases in firm spending. D. decreases in tax revenues and government spending.