Internal markets
A) can be useful suppliers of information.
B) suffer from some of the same problems that external markets suffer.
C) are becoming increasingly popular.
D) all of these choices.
D
Economics
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There is no incentive for additional producers of an information product to enter the industry when the price charged for these products by each firm already in the industry is equal to
A) marginal cost. B) average total cost. C) average fixed cost. D) average variable cost.
Economics
The amount by which actual output falls short of potential output is called: a. a deadweight loss
b. real GDP. c. a recessionary gap. d. the full-employment output. e. an expansionary gap.
Economics