The invention of the Bessemer converter in 1856:
a. increased the cost of continuous and coordinated operations of a steel industry.
b. motivated downstream integration of the steel industry into coal mining.
c. increased the efficient scale of steel production.
d. increased volumetric interdependence between different stages of steel production.
C
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Which of the following do NOT provide charters?
A) the Office of the Comptroller of the Currency B) the Federal Reserve System C) the National Credit Union Administration D) state banking and insurance commissions
If a yet-to-be released video game receives a positive review in a popular gaming magazine,
A) the demand curve is expected to shift to the right. B) the demand curve is expected to shift to the left. C) the demand curve is not expected to change. D) for those who read the review, demand shifts to the left. For those who don't read the review, demand shifts to the right.