The Robinson-Patman Act outlawed predatory pricing.
Answer the following statement true (T) or false (F)
True
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Demand for Shell gasoline will increase if the price of:
A. Motor vehicles increases. B. BP gasoline increases. C. BP gasoline decreases. D. Shell gasoline decreases.
Leaps in productivity growth experienced by China are attributed to
A. loans provided by the Asia Development Bank. B. a high savings rate, human and capital investment and foreign direct investment. C. foreign aid received from industrialized countries. D. the enforcement of intellectual property rights.
The majority of new jobs created in the service sector of the U.S. economy have been in the information sector
a. True b. False Indicate whether the statement is true or false
Vernon was the milkman in his neighborhood for 30 years. Then, supermarkets started selling milk right in the store, and Vernon's job became obsolete. Vernon is a victim of ___________ unemployment.
A. seasonal B. structural C. frictional D. cyclical