Due to small profit margins in perfect competition, it is argued that technological development may happen to a greater extent under oligopoly
Indicate whether the statement is true or false
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Use the following table to answer the next question. All figures in the table below are in billions. RGDPConsumption +InvestmentExportsImports$500$525$15$1055056015106005951510650630151070066515107507001510Assume that investment is not affected by the income real GDP level. The multiplier for this private open economy is
A. 3.33. B. 2.00. C. 1.25. D. 2.50.
Personal computers are becoming less expensive as new technology reduces the cost of production. In a supply and demand model, explain the effects of the technological innovations and their effect on the quantity of computers
What will be an ideal response?
Fast Ink wants to prevent Jet Ink from entering the ink market. If Fast Ink expands its capacity, the expansion can lead to all of the following except which one?
A) decrease Fast Ink's profit-maximizing quantity B) increase Fast Ink's profit-maximizing quantity C) decrease Fast Ink's marginal cost D) decrease Fast Ink's profit-maximizing price
A transmission lag:
What will be an ideal response?