The Brander-Spencer model identified market failure in certain industries due to
A) unfair competition.
B) wildcat destructive competition.
C) environmental negative externalities associated with pollution.
D) limited competition.
E) lack of excess returns.
D
Economics
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When a government reduces its budget deficit, then that country's
a. supply of loanable funds shifts right. b. supply of loanable funds shifts left. c. demand for loanable funds shifts right. d. demand for loanable funds shifts left.
Economics
Cyclical unemployment happens because
A. businesses make strategic errors. B. of the ups and downs of the business cycle. C. of government intervention. D. inflation rates vary.
Economics