Which of the following is an assumption of the theory of monopoly? a. there are extremely high barriers to entry
b. there are many sellers
c. the product has a number of close substitutes
d. the product is of extremely high quality

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

What are consequences of rapid inflation? (select all that apply.) savings accounts become less desirable because interest earned is lower than inflation individual purchasing power increases, which results in an increase in demand. individual purchasing power decreases, which results in a decrease in demand. people postpone purchasing expensive items, such as homes, until prices drop.

Emerson has an associate degree. based on the bar chart below,how will his employment opportunities change from 2008 to 2018