Firms are assumed to ________ costs and to ________ profits?
A. incur, desire
B. pay, make
C. charge earns
D. minimize, maximize
A. incur, desire
B. pay, make
C. charge earns
D. minimize, maximize
A. screening of debtors based on their regional location
B. World Bank requiring LDCs seconded by a DC to get loan reduction
C. loan denial to crisis-stricken highly indebted countries
D. None of the above
A. Haripur
B. Lawrencepur
C. Faisalabad
D. Karachi
A. Confiscation
B. Bankruptcy
C. Forfeiture
D. Debenture
A. the quota results in efficiency reductions but the tariff does not
B. The tariff results in efficiency reductions but the quota does not
C. They have different impacts on how much is produced and consumed
D. They have different impacts on how income is distributed
A. end foreign investment
B. develop their vast natural resources to achieve economic growth
C. utilize the concepts of capitalism to improve their economies
D. nationalize most major industries and restrict competition
A. a normal good
B. none of these answers
C. an inferior good
D. a substitute good