If oligopolistic firms successfully cooperate with each other, _____
a. they may act like a monopoly and increase their prices
b. they may act like a monopoly and increase their output
c. they may act like perfectly competitive firms and earn normal profits
d. they may act like a monopolistic firm and earn economic profits
a
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Other things equal, trademarks and brand names:
A. increase the interest-rate cost of funds used to finance R&D expenditures. B. decrease the interest-rate cost of funds used to finance R&D expenditures. C. decrease the expected rate of return on R&D expenditures. D. increase the expected rate of return on R&D expenditures.
You have decided to purchase, directly from the French manufacturer, a helicopter that costs 800,000 euros. At the equilibrium exchange rate between dollars and euros in Figure 36.1, this purchase will cost you
A. $200,000. B. $400,000. C. $1,600,000. D. $800,000.