Inter industry competition refers to the fact that:

A. Monopolistic producers establish a common price for their products
B. Products are identical in a purely competitive industry
C. Firms which sell a product at one stage of production buy materials and parts from other firms at prior stages of production
D. In some markets the producers of a certain commodity might face competition from products of other industries

D. In some markets the producers of a certain commodity might face competition from products of other industries

Economics

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If the MPC is 4/5, the multiplier is 5/4

a. true b. false

Economics

Antidumping duties are a type of:

a. tariff. b. quota. c. export. d. trade agreement.

Economics