The reason computers have not yet replaced trading floors can be attributed to
A) lack of sellers.
B) lack of buyers.
C) lack of liquidity.
D) lack of technology.
C
Economics
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Which of the following are necessary conditions for successful price discrimination?
a. zero transactions costs b. a perfectly competitive market structure c. an imperfectly competitive market structure d. at least two different markets with different price elasticities of demand e. at least two different markets with different price elasticities of supply A) a, b, and d only B) c and d only C) a, c, d, and e only D) a and c only
Economics
Real wages will rise if
A) money supply growth is less than expectations. B) real interest rates fall. C) aggregate demand is less than aggregate supply. D) money supply growth exceeds the inflation rate.
Economics