Department stores keep growing in numbers, sales, and market share.
Answer the following statement true (T) or false (F)
False
In the United States, the number of department stores, the average sales per store, and their share of retail business has declined continuously since the 1970s.
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Figure 4.4 represents the market for gasoline in a small nation. The free trade world price of gasoline is $3.50. Suppose this small nation imposes a tariff on gasoline of $.50 per gallon. The decline in consumer surplus would be
a. area a + b. b. area a. c. area a + b + c + d + e. d. area a + b + f + g + h.
Countervailing duties are intended to neutralize any unfair advantage that foreign exporters might gain over domestic producers because of foreign
a. tariffs. b. subsidies. c. quotas. d. buy-national policies.
What describes a system that stores and displays information that can be linked to a geographic location?
A) AIS B) LOC C) GLOC D) LIS E) GIS
Which of the following legal forms of organization has the ease of dissolution?
A) sole proprietorships B) partnerships C) limited partnerships D) corporations