Author Question: If firms sell exactly what they expected to sell, all of the following will be true except A) ... (Read 187 times)

mp14 · **on:** Jun 29, 2018

If firms sell exactly what they expected to sell, all of the following will be true except

A) aggregate expenditure will be greater than GDP.
B) there is no unplanned change in inventories.
C) aggregate expenditure will be equal to GDP.
D) inventories will not change, and GDP and employment will remain stable.

Question 2

The marketing of the first ballpoint pen by Milton Reynolds showed

A) that being the first firm to market a new product can result in a natural monopoly.
B) that first-mover advantages can make it more difficult for new firms to enter a market and compete against the first mover.
C) how important it is to receive patent protection for a new product.
D) that being the first firm to market a product may not lead to a long-lived advantage over later entrants into the market.

rekilledagain · **Reply #1 on:** Jun 29, 2018

A FREE account is required to view all solutions!

Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.

Answer Preview

Only 56% of students answer this correctly