Which pair of market structures provides firms with the greatest ability to finance R&D out of retained earnings?
A. Oligopolists and pure monopolists.
B. Pure competitors and pure monopolists.
C. Pure competitors and monopolistic competitors.
D. Monopolistic competitors and pure monopolists.
Answer: A
Economics
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If your income increases from $40,000 to $48,000 and your consumption increases from $35,000 to $39,000 . your marginal propensity to consume (MPC) is:
a. 0.20. b. 0.40. c. 0.50. d. 0.80. e. 1.00.
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What are the benefits and costs to Indian citizens of allowing Indian companies to copy and sell patent-protected drugs developed by U.S. companies?
Please provide the best answer for the statement.
Economics