Most firms have
a. no monopoly pricing power.
b. some monopoly pricing power.
c. absolute monopoly pricing power.
d. the ability to earn monopoly profits.
b
Economics
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Suppose you can earn 5 percent on your savings account if you deposit $500 in it. The inflation rate is 3 percent. The opportunity cost of holding the $500 as money is
A) $100. B) $525. C) $80. D) $30. E) $25.
Economics
Which of the following are typically financed in the loan market?
i. a mortgage for a house iii. credit card balances iii. the purchase of a share of stock in a corporation. A) i only B) i and iii C) ii and iii D) i, ii and iii E) i and ii
Economics