A shark repellent activity is designed to __________ in order to secure the position of the ___________
a. thwart competitors; shareholders
b. protect managers; suitors
c. lure white knights; managers
d. thwart takeovers; managers
e. thwart takeovers; shareholders
D
Economics
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A firm with a flat demand curve
A) has no brand loyalty. B) has weak brand loyalty. C) has strong brand loyalty. D) isn't really worried about brand loyalty; flat demand curves guarantee zero profit.
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A positively sloped long-run average total cost curve means there are economies of scale
Indicate whether the statement is true or false
Economics