According to the theory of creative destruction, the greatest threat to a monopolist producer of electric typewriters is likely to be
a. government regulation
b. international competition
c. the entry of new electric typewriter producers
d. growth in the computer industry
e. stockholders demanding increased efficiency
D
Economics
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If a consumer receives 20 units of utility from consuming two candy bars, and 25 units of utility from consuming three candy bars, the marginal utility of the third candy bar is
A) 25 utility units. B) 20 utility units. C) 5 utility units. D) unknown as more information is needed to determine the answer.
Economics
Secure rights to land provided colonists with incentive to use the land productively, conserve it and invest in it
Indicate whether the statement is true or false
Economics