Evidence suggests that business owners are generally
a. interested in profits only when discrimination is illegal.
b. more interested in discrimination than in making a profit.
c. unable to determine the link between discrimination and profitability.
d. more interested in making a profit than in discriminating against a particular group.
d
Economics
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The Herfindahl-Hirschman Index measures
A. concentration in the industry. B. industrial average output. C. economies of scale. D. consumer confidence.
Economics
A market has the following characteristics: There is strategic pricing, output is somewhat restricted, there is interdependent decision making, and some long-run economic profits are possible. This market is:
A. an oligopoly. B. monopolistically competitive. C. perfectly competitive. D. a monopoly.
Economics