Firms that _____ are likely to be pro?table even during a recession.
A) provide goods at a premium price
B) have income inferior product lines
C) ?nance their activities through borrowings rather than through retained earnings
D) stick to one product line
Correct Answer:
Verified
Q47: A situation where both national output and
Q48: The long-run aggregate supply curve is _.
A)
Q49: If there is a fall in national
Q50: In an inflationary recession, _.
A) national output
Q51: An economy is in a deflationary recession
Q53: The following figure shows the business cycle
Q54: During a recession, which of the following
Q55: The following figure shows the business cycle
Q56: Firms' manufacturing costs increase substantially due to
Q57: When prices start falling in the economy
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