The possibility that the economy may benefit from having market power, rather than being very competitive, is closely identified with which famous economist?

A) Arnold Harberger
B) Joseph Schumpeter
C) Sergey Brin
D) Donald Turner

Answer: B

Economics

You might also like to view...

Why does a firm maximize its profits by hiring so that VMP = W?

What will be an ideal response?

Economics

Quotas are government imposed limits on the ________ of goods traded between countries

A) prices B) quantity C) value D) Either B or C

Economics