Prior to 1995 productivity growth in Europe was ________ in the United States
A) higher than
B) lower than
C) same as
D) None of the above
A
Economics
You might also like to view...
Which of the following is correct for a single-price monopoly?
i. The firm can determine the quantity it produces and the price it charges. ii. It would never profitably produce output in the inelastic range of its demand. iii. Its marginal revenue is less than price. A) i only B) i and iii C) ii only D) ii and iii E) i, ii, and iii
Economics
Which of the following is not necessarily true for a profit-maximizing single-price monopolist?
A) P > ATC B) P > MC C) P > MR D) MR = MC
Economics