Capital budgeting projects include all of the following except

A) the purchase of a six-month treasury bill.
B) the expansion of a plant.
C) the development of a new product.
D) the replacement of a piece of equipment.

A

Economics

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Intraindustry trade relies on

A) economies of scale. B) the product cycle. C) differences in factor endowments. D) monopoly pricing.

Economics

If oligopolists engaged in some sort of collusion, industry output would be __________ and the price would be __________ than under perfect competition

a. smaller, lower b. smaller, higher c. smaller, no different d. greater, lower e. greater, higher

Economics