In the 1930s and 1940s, the Technicolor company was able to leverage its bargaining power over the movie industry because Technicolor was the sole producer of cameras and films needed to produce color films
Indicate whether the statement is true or false
TRUE
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Puts and calls are the choices available to participants in the
A) options market. B) futures market. C) swap market. D) stock market.
Compared to CDs and money market funds, crowd funding
A) provides higher expected returns with increased safety B) provides lower expected returns in exchange for increased safety C) is likely to result in lower returns due to higher volatility D) provides opportunities for higher returns but also significant losses
For a perfectly competitive firm, the marginal revenue product is equal to the marginal product multiplied by the output price
a. True b. False Indicate whether the statement is true or false
The reason why weaker firms accept price leadership is that they
a. maximize profit that way b. get an equal share of the market c. can collude to eventually challenge the dominant firm d. are protected from price competition e. can lower their prices to increase market share without upsetting the price leader