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Title: If an increase in one variable causes a decrease in another variable, this is : Post by: mireiajordan on Feb 26, 2018 If an increase in one variable causes a decrease in another variable, this is
A) a direct relationship. B) a dependent relationship. C) an independent relationship. D) an inverse relationship. Ques. 2 Suppose an industry is composed of 10 firms. Each firm's share of total sales in the industry is 10 percent. If two of the firms merge, then the four-firm concentration ratio in the industry is A) 40 percent. B) 45 percent. C) 50 percent. D) unable to determine. Ques. 3 With average cost pricing, the monopolist A) earns no accounting profit. B) produces where P = MC. C) earns a normal rate of return for its shareholders. D) does not cover opportunity costs. Ques. 4 A characteristic of a public good is A) rival consumption. B) the exclusion principle. C) the free-rider problem. D) clear property rights. Ques. 5 If a country increased the production of its capital goods, then A) the more consumption of goods we can have today. B) the less consumption we can have today, but we will have more in the future. C) the more unemployed resources there will be in the future. D) the more unemployed resources there are today. Ques. 6 Advertising is used by firms in a monopolistic competitive industry to A) differentiate their product from those of competitors. B) increase brand loyalty. C) increase demands for their individual products. D) all of the above. Title: If an increase in one variable causes a decrease in another variable, this is : Post by: oksanamad on Feb 26, 2018 Content hidden
Title: If an increase in one variable causes a decrease in another variable, this is : Post by: mireiajordan on Feb 26, 2018 Thank you for your assistance, again and again
Title: If an increase in one variable causes a decrease in another variable, this is : Post by: oksanamad on Feb 26, 2018 My pleasure
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