When a U.S. company purchases a factory in Singapore, this will be a:
A. Credit on the current account of the U.S. balance of payments
B. Debit on the current account of the U.S. balance of payments
C. Credit on the financial account of the U.S. balance of payments
D. Debit on the financial account of the U.S. balance of payments
D. Debit on the financial account of the U.S. balance of payments
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Lynda Carlson collects wacky colored and shaped eyeglasses. Her husband found a new multicolored pair and bought it for her. She adds it to her collection, which she now values at $950 . Before the new purchase, she valued the collection at $910 . What can we say about the marginal utility to her of the new eyeglasses and its relationship to the marginal utility of any of the eyeglasses she
already had? a. The marginal utility of the new eyeglasses is $950. b. The marginal utility of the new eyeglasses is $910. c. The marginal utility of the new eyeglasses is $990. d. The marginal utility of the new eyeglasses is $40. e. The marginal utility of the new eyeglasses is $140.
All large firms have monopoly power.
Answer the following statement true (T) or false (F)