The scarcity of a good can be reduced only by
What will be an ideal response?
either increasing its availability or reducing its desirability.
Economics
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Monopolistic firms that practice international dumping:
a. suffer losses on their sales in foreign markets. b. suffer losses on their sales in domestic markets. c. maximize their monopoly profits. d. are subject to antidumping taxes in their home countries.
Economics
Explain menu costs and shoe leather costs as they relate to inflation
What will be an ideal response?
Economics