All of the following are reasons for an oligopoly to occur EXCEPT
A) economies to scale.
B) barriers to entry.
C) independence among firms.
D) merger.
C
Economics
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Suppose you have $400 and the inflation rate is 5 percent. In order to earn a real return of $16 on your investment, the nominal interest rate needs to be near
A) 0 percent. B) 4 percent. C) 6 percent. D) 9 percent.
Economics
Efficiency wage is another name for the minimum wage
Indicate whether the statement is true or false
Economics