To aggregate 300 tons of steel, 5,000 bushels of wheat, and 1 million barrels of crude oil, economists add together the ________ of the three products
A. number of tons, bushels, and barrels
B. units
C. weight
D. dollar value
Answer: D
Economics
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________ is the market structure in which there are a few rival firms
A) Perfect competition B) Monopolistic competition C) Monopoly D) Oligopoly
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If a merger allows managers to reduce duplicate operations, the merger ________.
A) created synergies B) eliminated the hold-up problem C) created technological interdependencies D) created managerial diseconomies
Economics