Question
Hello please help me to answer 10 items below. kindly explain (briefly) your answer. thank you! 1. Petron, Shell and Caltex are an example of
Hello please help me to answer 10 items below. kindly explain (briefly) your answer. thank you!
1. Petron, Shell and Caltex are an example of oligopolistic market. *
True
False
2. Vegetables being sold at SM are an example of a pure competition. *
True
False
3. A single local cable tv is an example of a monopoly, *
True
False
4. A purely competitive firm produces less negative externality than a monopoly. *
True
False
5. If the cost of an investment in 2000 is Php 500,00 and the returns are the following: Php 200,000 each for the next 5 years, the investment is therefore recovered after 2 and a half years. *
True
False
6. Using a simple payback period is the most reliable method of evaluating whether an investment is profitable. *
True
False
7. We discount future returns because money decreases in value over time due to inflation. *
True
False
8. Political instability is a source of uncertainty in the profit maximization of the firms, *
True
False
9. The country has a good record of prosecuting politicians who commit plunder. *
True
False
10. A biased implementation of the rule of law is a disincentive to businessmen who want to compete fairly, *
True
False
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