A natural monopoly will always operate in the region of the long run average total cost curve where the cost per unit is constant

Along the short-run Phillips curve SRPC2 the natural unemployment rate is

A) 8 percent. B) 3 percent. C) 4 percent. D) 6 percent. E) an amount that can be determined from the figure but none of the above answers is correct.

Asian corporate governance is characterized by

a. family ownerhsip b. conglomerates c. control ownership d. relational contracting e. all of the above