Brinley Thomas' (1954) thesis explains
(a) fluctuations in immigration.
(b) fluctuations in European domestic investment.
(c) fluctuations in European foreign investment.
(d) all of the above.
(d)
Economics
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In the above figure, if the market is competitive and unregulated
A) more than the efficient amount of output will be produced. B) less than the efficient amount of output will be produced. C) the efficient amount of output will be produced. D) the distribution of income will be fair.
Economics
Some firms practice odd pricing because
A) it is a way to price discriminate. B) it is too difficult for sellers to reeducate buyers into accepting even prices. C) it lowers transactions costs. D) they believe that customers will buy a larger quantity with an odd price.
Economics