Eastern Europe is an information-__________ environment, which __________ the use of securities markets for large-firm financing
A) poor; encourages
B) poor; discourages
C) rich; encourages
D) rich; discourages
B
Economics
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Tom is stranded on a deserted island where he can only consume coconuts and crabs. Two of his indifference curves are in the figure above
a) Would Tom prefer his consumption to be at point a or at point b? At point b or at point c? Explain your answers. b) Between points a and b, what is Tom's marginal rate of substitution for a crab?
Economics
Refer to the graph shown. The graph exhibits economies of scale:
A. in region a. B. in region b. C. over the entire range of output. D. in region c.
Economics