A duopoly is a form of oligopoly with two firms.
Answer the following statement true (T) or false (F)
True
Economics
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Other things remaining the same, the greater the expected profit
A) the less the amount of investment. B) the greater the amount of investment. C) the steeper is the investment demand curve. D) the flatter is the investment demand curve.
Economics
The notion that equally situated individuals should be taxed equally is referred to as
A. horizontal equity. B. vertical equity. C. the benefits principle. D. the Gini principle.
Economics