Increasing concentration always means an industry has become effectively monopolized

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Refer to the table above. When the price is ________ and the quantity is ________, social surplus is maximized

A) $8; 5 units B) $6; 4 units C) $4; 4 units D) $2; 8 units

Economics

Macroeconomics is concerned primarily with

A) positive economics. B) production and prices in particular markets. C) aggregate economic variables. D) normative issues.

Economics