Perfect competition and monopolistic competition are similar in that both market structures include
A) price-taking behavior by firms.
B) a homogeneous product.
C) no barriers to entry.
D) very few firms.
C
Economics
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If a general partnership fails, who is responsible for the debts?
a. anyone who works for the partnership b. all the partners c. only the most senior general partner d. no one
Economics
Indians and Indian-Americans have played a pivotal role in powering Silicon Valley's digital revolution. The emigration of talented people from countries like India to countries like the United States is often called:
A. credentialism. B. the brain drain. C. Malthusianism. D. outsourcing.
Economics