Which of the following is a main source of increasing returns in recent years?
A. More learning by doing
B. The concentration of development costs
C. The use of less specialized inputs as firms grow
D. More resources devoted to agricultural production
A. More learning by doing
Economics
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Which of the following best approximates a pure monopoly?
A. the fast food market B. the oil market C. the steel market D. the NFL
Economics
If there are five goods in a barter economy, one needs to know ten prices in order to exchange one good for another
If, however, there are ten goods in a barter economy, then one needs to know ________ prices in order to exchange one good for another. A) 20 B) 25 C) 30 D) 45
Economics