In order to sell more of its product, a monopolist must
a. lobby the government for a subsidy.
b. lower its price.
c. advertise.
d. enact barriers to entry in related markets.
b
Economics
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An economy that has interactions in trade or finance with other economies is referred to as
A) a closed economy. B) a net foreign investment economy. C) a trade-balanced economy. D) an open economy.
Economics
Increases in productivity are caused by
a. better education and training of the labor force. b. higher levels of literacy. c. improvements in technology. d. All of the above are correct.
Economics