When the ownership of the different stages of production of a commodity lies with different individuals, it becomes difficult to take decisions on capacity expansion because of all the following reasons, EXCEPT:
a. differences in attitudes toward risk.
b. differences in motivation.
c. different degrees of risk exposure.
d. different abilities to hedge themselves.
B
Economics
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Demand for real money balances depends on ________
A) the price level B) the real interest rate C) the opportunity cost of holding money D) all of the above E) none of the above
Economics
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.98 per unit. The marginal revenue of the 151st unit of output is
a. -$6.98. b. -$0.02. c. $2.45. d. $6.98.
Economics