1) Mark, Jason & Ralph produce hairpins for ladies differing small features of them and they are in, a. An oligopoly
b. A perfect competition
c. A monopolistic competition
d. A monopoly

2) Money Supply is controlled through

a. Open market operations (OMO)

b. Interest Rates

c. Statutory Reserve Ratios (SRR)

d. Tax rates in the country

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.