Angelo's Calzones is opening a new location in Colorado. To attract new customers, the managers of Angelo's advertise the following slogan, "Angelo's Calzones: The BEST Calzone You Will Ever Eat!" If Angelo's calzones are really of poor quality, this is an example of ________ a(n) ________ good.
A) falsely advertising; credence
B) greenwashing; credence
C) greenwashing; experience
D) falsely advertising; experience
D) falsely advertising; experience
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The cash or concessions present in contract terms that parties agree to in order to share risks are called:
a. quid pro quos. b. property rights. c. flexible takes. d. contract prices.
The current debate about fiscal and monetary policy tends to focus on
a. which policy is less destabilizing. b. which policy is more effective. c. whether the Fed can control the money supply. d. which policy works more quickly.
If Japan levies tariffs on U.S. goods entering Japan, this will tend in the short run to:
A) benefit both Japanese and U.S. producers. B) damage U.S. producers and benefit Japanese producers. C) benefit U.S producers and damage Japanese producers. D) damage both Japanese and U.S. producers.
In an increasing-cost industry, the long-run market supply curve is:
A. positively sloped. B. negatively sloped. C. vertical. D. horizontal.