Which of the following will cause a change in quantity supplied?
A. a change in the number of firms in the market
B. a change in the market price of the good
C. a change in input prices
D. a technological change
Answer: B
Economics
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The advantages of the M-Form of firm organization is
a. divisions can respond more easily to changes in customer demand b. it is easier to maintain customer relationships c. there is less coordination across the firm's divisions d. all of the above
Economics
In a two-sided market with network effects, the platform will most likely
A. set the same prices for the two sides of the market. B. combine the two groups of the market before setting its price. C. set different prices for the two sides of the market. D. set a price of zero for both sides of the market.
Economics