Interest is the payment for the use of funds used to produce capital
a. True
b. False
Indicate whether the statement is true or false
True
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If the demand for online banking increases, we would expect to see the
A) supply of workers that produce online-banking services to increase. B) supply of workers that produce online-banking services to decrease. C) demand for workers that produce online-banking services to decrease. D) demand for workers that produce online-banking services to increase.
If a Cournot duopolist announced that it will double its output, the other firm does not view the announcement as credible because
A) the announcing firm's profits will fall if it carries out the threat. B) the other firm's profits will fall if the announcing firm carries out the threat. C) the other firm's profits will rise if the announcing firm carries out the threat. D) the other firm will double output also.