In a monopolistic competitive industry, how does a small appliance firm differentiate its products by emphasizing intangible aspects?
a. By offering a money-back guarantee
b. By selling products through major retailers
c. By offering products in multiple colors
d. By offering discounts on new models
a. By offering a money-back guarantee
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“Plowback” represents a portion of corporate profits that are used to
A. invest in future activities of the corporation. B. advertise the company’s product. C. buy back bonds (reduce debt). D. pay owners for the use of their capital.
Ray's Radios believed the synergies between radio production and battery production could be realized if he expanded. However, due to overseeing the battery expansion Ray devoted less time to the radio business leading to the radio unit costs increasing. Ray's Radios is experiencing
a. Economies of scale b. Economies of scope c. Diseconomies of scale d. Diseconomies of scope
Borrowers who took out mortgages in the 1960s:
A. were harmed by the unexpected low inflation rates of the 1970s. B. benefited from the unexpectedly high inflation rates of the 1970s. C. were harmed by the unexpectedly high inflation rates of the 1970s. D. benefited from the unexpected low inflation rates of the 1970s.
A reduction in the reserve deposit ratio, ?, will most likely have which of the following effects?
A) a rightward shift in the IS curve B) a leftward shift in the IS curve C) an upward shift in the LM curve D) a downward shift in the LM curve