If there are low barriers to entry, a monopolist
A) might undertake investment to lower marginal cost in the face of a potential rival.
B) will undertake investment to lower marginal cost in order to increase profits.
C) will not undertake investment to lower marginal cost under any circumstances because profits are lower.
D) Both A and B.
A
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Which of these economies has the highest saving rate?
A) Greece B) China C) United States D) Brazil E) Japan
If there is a deficit in the financial accounts, ________.
A. the sum of the capital account and the current account must be less than zero B. the sum of the reserve account and capital account must be zero C. the sum of the current account and the reserve account must be greater than zero D. the sum of the current account, reserve account, and capital account must be zero