Outsourcing leads to
A. Decreases in productivity and decreases in total output.
B. Decreases in productivity and increases in total output.
C. Increases in productivity and increases in total output.
D. Increases in productivity and decreases in total output.
Answer: C
Economics
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The principal result of the rising value of the U.S. dollar in the mid-1990s was the
a. lower foreign inflation. b. lower U.S. interest rates. c. opportunities for currency speculation. d. attractive investments in U.S. technology.
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The top four firms in the industry have 10 percent, 8 percent, 8 percent, and 6 percent of the market. The four-firm concentration ratio of this market is:
A. 32. B. 8. C. 66. D. 264.
Economics