Which of the following businesses could easily exit a market?
a. a diamond mine
b. a hot dog restaurant
c. an oil refinery
d. a breakfast cereal company
Ans: b. a hot dog restaurant
Economics
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The logical (and sometimes illogical) shortcuts that people derive from experience which economize on their mental capabilities are called:
a. irrationalities. b. heuristics. c. statistical errors. d. probabilities.
Economics
The September 11 attacks no doubt worsened the slowdown that had already begun earlier in mid-2000
a. True b. False
Economics