Many clothing manufacturers are able to practice price discrimination by selling products in department stores and also in outlet stores
Indicate whether the statement is true or false
TRUE
Economics
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Fiona consumes pizzas and soda with her weekly income of $50 . Suppose pizzas cost $10 and sodas cost $2 . If the price of pizzas rises to $12, then her opportunity cost of consuming a pizza will increase to: a. 5 sodas
b. 6 sodas. c. 10 sodas. d. 12 sodas.
Economics
Diversification cannot reduce market risk
a. True b. False Indicate whether the statement is true or false
Economics
The standard long-run model assumes that:
A. technology improves at an increasing rate over time. B. technology is fixed. C. technological advance is impossible. D. costs of production are fixed.
Economics
A quota sets the maximum amount of a good that is permitted into a country.
Answer the following statement true (T) or false (F)
Economics