Oatmeal is a normal good and cold cereal is a substitute for oatmeal. Raisins are a complement for oatmeal. Which of the following increases the demand for oatmeal?
A) an increase in the price of raisins
B) a decrease in income
C) a decrease in population
D) an increase in the price of cold cereal
D
Economics
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Which of the following represents a way in which multinational corporations can protect themselves from exchange rate risks?
A) forward markets B) futures markets C) currency options D) All of the above
Economics
Distinguish economies and diseconomies of scale. How can the extent to which economies and diseconomies of scale explain the size and number of real world firms in an industry?
What will be an ideal response?
Economics