Regarding fixed costs of entry
A) both incumbents and potential entrants are affected by them.
B) potential entrants are affected by them while incumbents are not.
C) neither incumbents nor potential entrants consider them.
D) incumbent's decisions are affected by them, while the potential entrant ignores them.
B
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Which of the following is most likely to cause the savings supply curve in the market for loanable funds to shift leftward?
A) Government borrows to finance a war. B) All firms project higher future revenue streams for all of their projects. C) All firms project lower future revenue streams for all of their projects. D) Government institutes a high tax on savings.
The free rider problem
a. Exists in the case of public goods b. Exists in the case of common property resources c. Is worse the larger the number of people involved for either public goods or common property resources d. All of the above are true