Retailers do not find it profitable to engage in promotional activities because
a. They reap the full benefits of the promotion
b. They do not have to share the benefits of the promotion with the manufacturer
c. They are wary of competing retailers' ability to "free ride" on their efforts
d. All of the above
c
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When the Chinese government buys U.S. government bonds, from the perspective of the United States, this is a(n):
A. capital inflow. B. export. C. import. D. capital outflow.
An Australian company makes athletic wear for women, men, and children. After several years of successfully exporting its products to the U.K. and the U.S., the company began exporting to Japan. This is an example of ________.
A) a born-global company B) a location advantage C) third-party exporting D) incremental internationalization
A supply curve that is parallel to the price axis is
A. unitary elastic. B. perfectly elastic. C. perfectly inelastic. D. relatively inelastic.
Federal poverty assistance programs spend close to which of the following amounts per year?
A) $10 billion B) $150 billion C) $750 billion D) $3.5 trillion