Industries with high barriers to entry
a. Pushes profits to normal returns
b. Increases the likelihood of firms entering the industry
c. Help firms sustain long term profits
d. Increases the number of competitors
c
Economics
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In the distributed lag model, the coefficient on the contemporaneous value of the regressor is called the
A) dynamic effect. B) cumulative multiplier. C) autoregressive error. D) impact effect.
Economics
The classical economists believe that prices and wages quickly adjust to keep the economy operating at full employment
a. True b. False Indicate whether the statement is true or false
Economics