Technological advances that contribute to economic growth include the following, except:
A. Innovative production techniques
B. New managerial methods
C. Innovative digital gadgets for consumers
D. New forms of business organization
C. Innovative digital gadgets for consumers
Economics
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One of the surprising conclusions of many of the noncooperative models of oligopoly is that firms end up better off with the noncooperative outcome than they would by cooperating with one another
Indicate whether the statement is true or false
Economics
A firm with a flat demand curve
A) has no brand loyalty. B) has weak brand loyalty. C) has strong brand loyalty. D) isn't really worried about brand loyalty; flat demand curves guarantee zero profit.
Economics