Author Question: The DeBeers Company of South Africa was able to block competition through A) ownership of an ... (Read 83 times)

altibaby

  • Hero Member
  • *****
  • Posts: 562
The DeBeers Company of South Africa was able to block competition through
 
  A) ownership of an essential input. B) differentiating its product.
  C) government-imposed barriers. D) economies of scale.

Question 2

The income effect of a price increase causes a decrease in the quantity of a normal good demanded.
 
  Indicate whether the statement is true or false


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

A

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

For a complete list of videos, visit our video library