A few decades ago, there were hardly any Subway restaurants in India. Now, they are present in almost every big city. This is an outcome of:
A) fair trade union practices.
B) traditionalism.
C) the protectionist policies adopted by the Indian government.
D) globalization.
D
Economics
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Other things constant, which of the following would tend to increase the demand for Disney World vacations?
A) A rise in the price of Hawaiian vacations (a substitute for Disney World) B) A rise in income, if Disney World vacationing is a normal good C) A fall in the price of air travel (a complementary good) D) New information that Disney World will raise its prices once the summer season is over E) All of the above.
Economics
"Because firms in an oligopoly are so large, they do not need to consider each other's actions." Is the previous statement correct or incorrect? Explain your answer
What will be an ideal response?
Economics