Some firms in the technology sector have achieved economies of scale because costs have been reduced by:
A. socially optimal pricing.
B. price discrimination.
C. fair return pricing.
D. simultaneous consumption.
Answer: D
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If you carefully research the products, technologies, patents, and management of firms, the efficient markets theory of stock prices, predicts that
a. you will probably reap significant gains b. you will actually decrease your odds of doing better than the average investor c. you will probably do about as well as someone who did no research d. you will lose money unless you failed to consider historical stock price patterns e. both b and d
Only economists and other "social" scientists have areas of dispute within their disciplines
a. True b. False Indicate whether the statement is true or false
Approximately two-thirds of chemical pollution in the water comes from non-point pollution such as runoff from agricultural pesticides and fertilizer
Indicate whether the statement is true or false
Increased productivity in the agricultural sector has __________ the output and __________ the prices of agricultural goods
A) increased; reduced B) increased; increased C) decreased; reduced D) decreased; increased E) had no impact on; had no impact on