Which of the following can increase customer awareness?
a. Advertising
b. Promotional activities
c. Service
d. All of the above
d
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Based on the figure below, an economy in short-run equilibrium at point A has a(n) ________ gap. The gap could be eliminated by the self-correcting mechanism of the economy and eventually achieve long-run equilibrium at point ________ or the central bank could intervene with monetary easing and the long-run equilibrium would be at point ________.
A. expansionary; C; B B. recessionary; B; C C. expansionary; B; C D. recessionary; C; B
Happy Cows contractually requires distributors who purchase Happy Cows' milk to also purchase Happy Cows' cream. The legality of the practice will be evaluated under Section ________ of the Clayton Act.
A) 7 B) 8 C) 2 D) 3
Factors increasing the U.S. labor supply and thereby contributing to the slowdown in real-wage growth that began in the 1970s include ________ and ________.
A. increased labor force participation by women; the coming-of-age of the baby-boom generation B. technological progress; diminishing returns to labor C. skill-biased technological change; globalization D. increasing wage inequality; globalization
Firms react to unplanned inventory reductions by
A. reducing planned investment. B. increasing consumption. C. increasing output. D. reducing output.