The public enterprise usually pursues a well defined purpose with exact controls over its behavior

Indicate whether the statement is true or false

F The purpose of a public enterprise can be quite vague and to the extent it is controlled by a break-even constraint it has wide scope to arrange its activities, because a break-even constraint is not very limiting. See 12.2.

Economics

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Product differentiation

A) can be actual or perceived. B) is only legal if it is perceived. C) is only important if it is perceived. D) is only important if it is actual.

Economics

The demand curve for capital is downward sloping because of the increasing marginal cost of capital

a. True b. False Indicate whether the statement is true or false

Economics