If top managers make good decisions, the firm's profits will be ________, and the firms assets will be ________
A) high; small relative to its liabilities.
B) high; large relative to its liabilities.
C) equal to its revenues; small relative to its liabilities.
D) low; large relative to its liabilities
Answer: B
Economics
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In monopolistic competition, the demand curve for a firm's product is negatively sloped because of
A) barriers to entry. B) no barriers to entry. C) product differentiation. D) economies of scale.
Economics
The main reason why the aggregate demand curve slopes downward is that higher prices increases the demand for bank deposits, and hence for bank reserves.
Answer the following statement true (T) or false (F)
Economics