Which of the following is a commonly-cited benefit of advertising?
a. Advertising can be a signal of the quality of a product.
b. Advertising impedes competition.
c. Advertising reduces the deadweight loss associated with monopolistic competition.
d. Advertising encourages free entry, which increases profits.
a
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Provide some real-world examples of price discrimination in action
What will be an ideal response?
In the equation Y = C + I + G,
a. only I is an exogenous variable determined by factors outside the model. b. only G is an exogenous variable determined by factors outside the model. c. C is an endogenous variable determined by factors inside the model. d. I and G are exogenous variables determined by factors outside the model. e. A, b, and c
An acquisition will not be profitable
a. In any circumstances b. As long as you paid lower than the company's discounted future profits c. Without a synergy that makes the company more valuable to you than to the current owner d. None of the above
____ is the act of buying a commodity in one market at a lower price and selling it in another market at a higher price
a. Buying short. b. Discounting. c. Tariffing. d. Arbitrage.