Which of the following is most likely the most beneficial form of monopoly advantage?
A) better production methods
B) input hoarding
C) decreasing returns to scale
D) government protection
A
Economics
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Which of the following is an example of a nonexcludable product?
A) Internet service for your home computer B) public transportation C) college education D) a public library
Economics
During periods of recession unemployment:
A. rates are the same for all groups of the working population. B. is less common. C. is uncorrelated to periods of recession. D. is more common.
Economics