The biggest winner from technology is:
A) consumers
B) producers
C) government
D) media and press
Correct Answer:
Verified
Q39: An increase in demand will result in:
A)
Q40: A decrease in demand will result in:
A)
Q41: A competitive firm should always:
A) lower revenues
B)
Q42: Competitive firms:
A) have the best advertising during
Q43: When a new technology is developed:
A) no
Q45: Which industry meets all four characteristics of
Q46: A competitive firm:
A) must win customers over
Q47: A price maker:
A) is perfectly competitive
B) is
Q48: Competition:
A) is wasteful to society
B) is efficienct
Q49: Competitive industries:
A) require government intervention
B) compete all
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