Why are human resources limited?
A. Some people are unable to work.
B. New equipment is expensive.
C. Countries lack needed technology.
D. World population continues to grow.
A. Some people are unable to work.
Economics
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The key characteristic of an oligopolistic market is:
A) production of a homogeneous product. B) mutual interdependence among firms in the market. C) the absence of market power by any one firm. D) ease of entry into, and exit out of, the market.
Economics
The law of one price does not hold for
A) agricultural goods. B) tradeable goods. C) differentiated goods. D) goods whose production causes pollution.
Economics