The market demand curve for a perfectly competitive industry is the horizontal summation of each individual firm's demand curve

Indicate whether the statement is true or false

FALSE

Economics

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What happens in the secondary market?

A) a corporate financial manager will raise funds for expansion of the firm B) secondary inputs like electricity are sold C) newly issued claims are sold by the borrowing firm to the initial buyer D) already issued claims are sold from one investor to another

Economics

In a small country, the adult population equals 5,000. There are 4,000 people in the labor force and 3,000 people are employed. The labor force participation rate equals

A) 25 percent. B) 80 percent. C) 30 percent. D) an undetermined amount given the lack of information.

Economics