The main reason that finished goods are scarce is that
a. raw material resources are scarce.
b. factories are not operated efficiently.
c. distribution systems are clogged.
d. taxes are destroying work incentives.
e. All of the above are correct.
a
Economics
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Forwards, swaps, futures, and options are examples of:
a. spot market transactions. b. transaction costs. c. market frictions. d. derivatives.
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All else constant, a cartel agreement will become more difficult to enforce as the number of firms competing the market increases and the members of the cartel produce a differentiated product
Indicate whether the statement is true or false
Economics