The market clearing price of computer modems has just decreased. Which of the following could have caused this change?
A) a decrease in supply at the same time that demand increases
B) an increase in supply at the same time that demand decreases
C) a decrease in supply with demand unchanged
D) an increase in demand with supply unchanged
B
Economics
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A conglomerate merger is a combination of
a. firms that formerly competed with each other. b. firms that formerly bought from and sold to each other. c. firms that produce nearly identical products, but are based in different countries. d. firms that produce unrelated products or services.
Economics
The key difference between oligopoly and other market structures is the interdependence among producers
a. True b. False Indicate whether the statement is true or false
Economics