The competition experiment conducted by economists Muriel Niederle and Lise Vesterlund was consistent with the results of Terry Odean which were that
a. men were better at math than women.
b. men chose competition more because they were better at sports than women.
c. men trade stocks excessively while women adopt a buy-and-hold strategy.
d. streetcar companies were not in favor of segregation because it hurt their profits.
c
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The entry and exit of firms in a perfectly competitive market is mostly dependent on:
A) the number of firms in the market. B) government regulations. C) profitability. D) the number of consumers in the market.
What can cause a production possibilities curve to move to the right?
a) Thousands of people move out of the country b) A new invention lowers the cost of production c) An epidemic kills thousands of young men and women d) The population is growing increasingly old