The ability to engage in product differentiation is one of the factors a manager or owner of a firm can control in order to create value for consumers

Indicate whether the statement is true or false


TRUE

Economics

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The three variants of cost-push inflation are (1) _____, (2) _____, and (3) ________.

Fill in the blank(s) with the appropriate word(s).

Economics

If you are told that in a given year the real growth rate is 7% with inflation and population growth rates of 2% and 1.2% respectively, then nominal growth rate of GDP per capita is:

A. 5.8%. B. 3.8%. C. 5.0 %. D. 7.0 %.

Economics

Which statement is true?

A. The utility of a satellite dish is greater than the utility of a cell phone. B. A $24 ticket to a Detroit Tigers baseball game provides the ticket-holder with more utility than a $75 ticket to see a Detroit Red Wings hockey game. C. A half-hour swimming lesson would provide twelve different people with exactly the same utility. D. No one would pay for a service that provided him with no utility.

Economics

The percentage of Head Start enrollees in homes headed by single men is

A. 10%. B. 35%. C. 50%. D. 1%.

Economics