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Author Question: The government requires the steel industry to adopt new eco-friendly machines, which cannot be used ... (Read 74 times)

Haya94

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on: Jul 1, 2018
The government requires the steel industry to adopt new eco-friendly machines, which cannot be used in other industries. If the machines are very expensive and the capital market does not work efficiently, then
 
  A) entrants are encouraged to enter the market and adopt the new machines.
  B) firms can easily leave the steel industry without loss.
  C) entrants are discouraged by the new requirements.
  D) None of the above.

Question 2

Social Security is the second-largest government redistribution program.
 
  a. True b. False


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mathjasmine

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

b


Haya94

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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