Consider Figure 4.1. In the absence of trade, Mexico's producer surplus and consumer surplus respectively equal
a. $120 and $240.
b. $180 and $180.
c. $180 and $320.
d. $240 and $240.
b. $180 and $180.
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McDonald's global marketing chief, staged a competition that included agencies from all over the world. "i'm lovin' it" tagline was devised by a(n) ________ agency
A) Egyptian B) American C) Turkish D) Chinese E) German
In evaluating the performance of a profit center manager, he/she should be evaluated on
a. all revenues and costs that can be traced directly to the unit. b. all revenues and costs under his/her control. c. the variable costs and the revenues of the unit. d. the same costs and revenues on which the unit is evaluated.
Yelp and TripAdvisor are both examples of ________
A) virtual worlds B) geospatial platforms C) product review sites D) social networking sites E) avatars
B2B transactions are always more profitable than B2C transactions
Indicate whether the statement is true or false