Which of the following is a reason why IBM decided to provide consulting services rather than manufacturing machines?
A) It had a comparative advantage in providing consulting services.
B) It had a comparative advantage in manufacturing machines.
C) Manufacturing of machines generated a positive.
D) Manufacturing of machines generated a negative.
A
Economics
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Periods of low or negative inflation are generally ________ to farmers, who are ________ as a group
A) advantageous, creditors B) advantageous, debtors C) harmful, creditors D) harmful, debtors
Economics
Refer to the data. If all the firms in the industry merged into a single firm, the Herfindahl index would become:
A. 100.
B. 1,000.
C. 10,000.
D. 100,000.
Economics