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GaryK [48]
3 years ago
14

(Consider This) In the middle ages, the French government auctioned off monopoly rights to the sale of salt. Economic theory pre

dicts that the highest bids would Multiple Choice leave substantial economic profits for the winning bidders. equal the economic profits the winning bidder would expect to earn by owning the monopoly rights to sell salt. ensure that prices remained low, making salt available to the masses. equal the winner bidder's explicit costs of selling the salt.
Business
1 answer:
ollegr [7]3 years ago
6 0
Babbabababooeeeeeeeeeee
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According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy causes net export
maxonik [38]

Answer: Decrease and Increase

Explanation:

According to the Mundell–Fleming model, in an economy with flexible exchange rates, expansionary fiscal policy will cause the net exports to decrease. Expansionary fiscal policy shifts the IS curve rightwards, as a result BOP surplus created in the economy. So, exchange rate decreases to shift the BOP back to its initial position. As a result of lower exchange rate, exports falls. Hence, net exports decreases.

Expansionary Monetary policy will cause the net exports to increases. Expansionary Monetary policy shifts the LM curve rightwards, as a result BOP deficit created in the economy. So, exchange rate increases to shift the BOP back to its initial position. As a result of higher exchange rate, exports increases. Hence, net exports increases.

5 0
3 years ago
Which of the following statements about the marketplace of ideas is true? The British created the marketplace of ideas in the se
pentagon [3]

Answer:

Private groups and the news media play important roles in shaping opinions in the marketplace of ideas.

Explanation:

The marketplace of ideas denotes to the thought and belief of the idea that the authenticity of the truth or its acceptance depends upon the level of competition which the ideas have with one another. This is irrespective of the view that the truth has been provided by the government or by any authority.

8 0
3 years ago
Company X developed a highly innovative product and began exporting it. Both domestic and international markets became aware of
Delicious77 [7]

Answer: the correct answer is (A) international product life cycle

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International product life cycle is based on the theory of product life cycle that basically states that a product cycle has four stages: introduction, growth, maturity and decline.

4 0
3 years ago
economists argue that rent control is a highly efficient way to help the poor raise their standard of living.
mote1985 [20]

Economists argue that rent control is a highly efficient way to help the poor raise their standard of living. The statement is False.

<h3>What is Economists?</h3>

An economist refers an individual who possesses deep knowledge about the connection between the production that takes place with the help of resources and the output received to determine the growth.

Rent control is a highly efficient way to help the poor raise their standard of living is False. The quantity of legal rise would be limited by rent control, and most landlords support these rules.

Therefore, the statement is False.

Learn more about Economists, here:

brainly.com/question/13372876

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economists argue that rent control is a highly efficient way to help the poor raise their standard of living. True/False.

5 0
2 years ago
Define term total utility and marginal utility​
elena-14-01-66 [18.8K]
Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.

Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.
7 0
3 years ago
Read 2 more answers
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