Contracts are distinguished from tactical alliances by which of the following characteristics:
a. involve sequential responses
b. require third-party enforcement
c. raise shareholder value
d. elicit diminished reactions from competitors
b
Economics
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Refer to the graph below. It shows short-run cost curves for a competitive firm. At what minimum price would the firm be willing to product some output in the short run?
A. P1
B. P2
C. P3
D. P4
Economics
According to the interest rate effect, as the price level rises,:
A. people feel poorer and buy less. B. United States products become more expensive and foreigners buy less U.S. goods. C. interest rates fall, and people buy less. D. interest rates rise, and people buy less.
Economics