The O in OLI theory stands for ownership, and the asset owned can be tangible or intangible

Indicate whether the statement is true or false

TRUE

Economics

You might also like to view...

A monopoly:

A. can increase price and increase output at the same time. B. can charge any price it wants and still sell all of its output. C. can sell any output it produces provided it accepts the market price. D. must lower price in order to increase output.

Economics

Loans that are secured against an asset:

A. are much shorter in length than unsecured loans. B. generally have higher interest rates. C. are much longer in length than unsecured loans. D. generally have lower interest rates.

Economics