In 1860 the ratio of farmers to manufacturing workers was roughly ____ ; by 1910 that ratio was ____
a. 1:1; 1:5
b. 1:3; 1:1
c. 3:1; 1:1
d. 10:1; 1:1
c. 3:1; 1:1
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Studies strongly suggest that advertising strategies are generally much more effective than pricing strategies as a means to increase market share
Indicate whether the statement is true or false
You are the owner of a rare bottle of wine valued at $332. There are no costs associated with storing or selling the wine. Next year you expect the wine to increase in value to $350. If the interest rate is 10 percent
A) you should sell the wine today. B) you should keep the wine for at least one more year. C) you are indifferent between selling the wine today and holding it for one more year. D) more information is needed to answer this question.
If a country allows trade and, for a certain good, the domestic price without trade is lower than the world price,
a. the country will be an exporter of the good. b. the country will be an importer of the good. c. the country will be neither an exporter nor an importer of the good. d. Additional information is needed about demand to determine whether the country will be an exporter of the good, an importer of the good, or neither.
the largest asset if the fed's balance sheet is
What will be an ideal response?