A. balanced growth
B. capitalization
C. elasticity of capital
D. indivisibilities
Related Mcqs:
- Tariffs are used to protect infant industries these industries are those which ?
A. employ many young or untrained workers
B. are competing with well-established overseas firms
C. are not yet large enough to achieve economies of scale
D. use a new technology - Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?
A. USA
B. Argentina
C. China
D. Cuba - Tobacco, a product of high commercial value these days and which grows under a wide range of climates is a major plantation of ?
A. USA
B. Argentina
C. China
D. Cuba - Advocates of industrial policy maintain that government should ?
A. pursue free trade as a policy that leads to maximum global efficiency
B. grant subsidies to firms offering potential comparative advantage
C. provide loans to domestic workers in exporting industries
D. increase interest rates on loans made to firms in import-competing industries - Different capital intensity in different industries is mainly explained by _______ and ________?
A. wage differentials, skill levels
B. technology, the ease of factor substitution
C. government grants, international competition
D. patents, skill shortages - In 1985, the Coca-cola Company made a classic marketing blunder with its deletion of its popular Coca-Cola product and introduction of what it called New Coke Analysts now believe that most of the company’s problems resulted from poor marketing research. As the public demanded their old Coke back the company relented and reintroduced Coca-Cola Classic (which has regained and surpassed its former position) while New Coke owns only 0.1 percent of the market Which of the following marketing research mistakes did Coca-Cola make ?
A. They did not investigate pricing correctly and priced the product too high
B. They did not investigate dealer reaction and had inadequate distribution
C. They defined their marketing research problem too narrowly
D. They failed to account for the Pepsi Challenge taste test in their marketing efforts - Under Soviet-type economy-wide central planning ?
A. most resource lack freedom to move to their highest value uses
B. resources are free to move to their lowest cost uses
C. resources owned by private entities moves to efficient use but not those owned publicly
D. resources are privately owned by capitalists - According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?
A. scientific tariff argument
B. infant industry argument
C. beggar they neighbor argument
D. foreign dumping argument - In certain industries Japanese employers hesitate to lay off workers Therefore they sometimes have excess supplies of goods that they cannot sell on the home market without lowering prices. To hold down losses they sell goods in overseas markets at prices well beneath those in japan This practice is best referred to as ?
A. Orderly marketing
B. trigger pricing
C. domestic content pricing
D. dumping - Which of the following statements supports deregulation of industries ?
A. Technological change has made it possible for many industries to become more competitive
B. Because few real natural monopolies exist there is rarely a reason for government regulation
C. Many instances of government regulation have succeeded in reducing competition in industries where competition may be beneficial
D. All of the above
