The smaller the share of the fringe firms in an oligopoly market, the smaller will be the profit earned by the dominant firm

Indicate whether the statement is true or false

F

Economics

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Fogel and Engerman (1974) find evidence to suggest that young slave children were often sold by profit-maximizing slave owners

Indicate whether the statement is true or false

Economics

The public choice theory assumption that self-interest motivates behavior within ______.

a. only the private sector b. only the public sector c. both the private and public sectors d. neither the private nor the public sectors

Economics