Excess capacity and high advertising expenditures are most likely to be encountered in

A) perfect competition.
B) monopolistic competition.
C) monopoly.
D) both monopolistic and perfect competition.

B

Economics

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How can inventions such as cellular phones affect the government's antitrust policies?

(A) The technology causes the need for stricter regulation than before. (B) Government rules can allow higher charges than competition. (C) People using the technology do not want antitrust regulations. (D) They can mean that the need for regulation no longer exists.

Economics

The Heckscher-Ohlin model is an alternative to the classical theory of international trade that focuses on the factors of production that countries possess

Indicate whether the statement is true or false

Economics