Why do cereals marketers most prefer to have their brand occupy the shelf-space a foot or two below a typical adult's eye-level?
A. Because they know that adults typically look down when they go by the store shelves
B. Because that shelf-space is the lowest-priced space they could occupy
C. Because it's a lot easier to re-stock those shelf-spaces
D. Because they are targeting the children who go shopping with adults
D. Because they are targeting the children who go shopping with adults
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Starting from long-run equilibrium, a large decrease in government purchases will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; lower; potential B. expansionary; higher; potential C. recessionary; lower; potential D. recessionary; lower; lower
Because firms can free ride on the research and development of other firms,
A) firms choose a level of research and development where the marginal cost of research is above the economy's marginal return of research. B) firms choose a level of research and development where the marginal cost of research is below the individual firm's marginal return of research. C) firms choose a level of research and development where the marginal cost of research is below the economy's marginal return of research. D) firms choose a level of research and development where the marginal cost of research is equal to the economy's marginal return of research.
In the U.S. the total amount of work time lost to strikes is less than the amount of work time lost for coffee breaks
a. True b. False Indicate whether the statement is true or false
Refer to the normal-form game of price competition shown below. 
Firm A must decide whether or not to introduce a new product. If firm A introduces a new product, firm B must decide whether or not to clone the product. The payoff structure of the game is depicted in Figure 10-12. The subgame perfect Nash equilibrium to this game is:
A. Firm A plays "Do Not Introduce"; firm B plays "Clone" if firm A plays "Introduce." B. Firm A plays "Introduce"; firm B plays "Clone" if firm A plays "Introduce." C. Firm A plays "Introduce"; firm B plays "Do Not Clone" if firm A plays "Introduce." D. Firm A plays "Do Not Introduce"; firm B plays "Do Not Clone" if firm A plays "Introduce."