Economists, as well as courts dealing with antitrust cases, often use which concept to measure whether a firm has monopoly power in supplying a good or service in the given market?

Abroker showed one of his own listings to a buyer he was representing. the buyer decided to make an offer on the property, which was accepted. at no point did the broker disclose his dual agency status. the broker may be:

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.