Which of the following actions is not an example of the production coordination provided by firms?
A) Manage production activities of workers
B) Pay wages to workers
C) Establish industry safety regulations
D) Set the production schedule for each week
C
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Refer to Figure 14-2. If the government delays Gigacom's entry and Xenophone moves first, what is the likely outcome in the market?
A) Xenophone offers internet service via cable line and earns a profit of $4 million while Gigacom offers DSL internet service and earns a profit of $4.5 million. B) Both offer internet service via cable line; Xenophone earns a profit of $6 million and Gigacom earns a profit of $9 million. C) Both offer DSL internet service; Xenophone earns a profit of $8 million and Gigacom earns a profit of $7 million. D) Xenophone offers DSL internet service and earns a profit of $5 million while Gigacom offer internet service via cable line and earns a profit of $6.5 million.
When the price of a financial asset ________ its interest rate will ________
A) rises; remain the same B) falls; rise C) falls; fall D) rises; rise