If a restaurant, as a regular policy, gives a morning newspaper to each customer who orders a complete breakfast, the restaurant is
A) engaging in predatory pricing of breakfasts.
B) engaging in predatory pricing of newspapers.
C) selling breakfasts below cost.
D) distributing newspapers below cost.
E) almost certainly doing none of the above.
E
You might also like to view...
The make-up of the Governing Council of the European Central Bank and the methods used to calculate price stability for the monetary system can potentially result in:
A. a policy for the median country rather than a policy well suited for any country. B. monetary policy that is well suited for some countries but ill-suited for others. C. small countries having undue influence on the decisions of the Council. D. all of the results listed are possible.
Which of the following is an example of a land-intensive commodity?
A. Chemicals. B. Autos. C. Watches. D. Wool.
Refer to the below graph of the supply and demand for agricultural products. The supply and demand for agricultural products are in initial equilibrium at point 1. Technological progress in agriculture will:
A. Shift D1 to D2 and cause farm incomes to fall
B. Shift S1 to S2 and cause farm incomes to fall
C. Change equilibrium from point 1 to point 2 and cause farm incomes to rise
D. Change equilibrium from point 1 to point 6 and cause farm incomes to fall
What are two benefits of the new miles-per-gallon requirements? Are these benefits in someone's self-interest or in the social interest?
What will be an ideal response?