Does a person who works in a brothel sell productive services?
A) Yes, if the service is demanded.
B) Yes, but only in states where brothels are legal.
C) No, because the service is immoral.
D) No, because the service does not help the overall economy.
A
Economics
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What market structures other than oligopoly have the characteristic of one firm's actions affecting the actions of its competitors? Explain your answer
What will be an ideal response?
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Assume that a perfectly competitive financial market for loanable funds is in equilibrium. Which of the following is most likely to occur to the quantity demanded and quantity supplied of loanable funds if the government imposes an effective interest rate ceiling?
A) Increase/Increase B) Increase/Decrease C) No change/No change D) Decrease/Increase E) Decrease/Decrease
Economics