A decrease in real interest rates will lead to an increase in the demand for loanable funds

One of the limitation of Five Forces is that they

a. Reduce producer surplus b. For one firm to increase profit, the profit of another participant must decrease c. Does not provide a firm with sustainable competitive advantage d. Both b and c

Efficiency wages are:

A. above-market wages that bring forth so much added work effort that per-unit production costs are lower than at market wages. B. wage payments necessary to compensate workers for unpleasant or risky work conditions. C. usually less than market wages. D. relevant to macroeconomics because they explain rightward shifts in aggregate demand.