A firm that can determine the price-output combination in order to maximize profit is known as a
A. demand searcher.
B. price searcher.
C. cost taker.
D. price taker.
Answer: B
Economics
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All of the following are new rules affecting the shadow banking system as a result of the Dodd-Frank Act EXCEPT:
A) some trading of derivatives are required to take place on exchanges B) large hedge funds are required to register with the SEC C) firms selling mortgage-backed securities and similar assets are required to hold 5% of the credit risk D) securitized loans must now be insured
Economics
According to the natural rate hypothesis, the natural rate of unemployment is largely dependent on the stimulus provided by monetary or fiscal policy
Indicate whether the statement is true or false
Economics