Companies will often spend considerable amounts of money to create a ________with respect to their brand name.
A. reputation effect
B. product orientation
C. relational effect
D. market effect
Answer: A
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Suppose a person with an income of $20,000 pays a tax of $2,000 . If the tax is progressive, then how large of a tax will a person with an income of $40,000 pay?
a. Exactly $2,000. b. Between $2,000 and $4,000. c. Exactly $4,000. d. More than $4,000.
A packaged fruit juice manufacturer contracts with several farmers to buy their orchards to support a new production facility. However, a particular orchard owner later refuses to sell his farm at the price in their contract. In such a case the court will order a liquidated damage
Indicate whether the statement is true or false
Donald produces nails at a cost of $200 per ton. If he sells the nails for $350 per ton, his producer surplus per ton is
a. $150. b. $200. c. $350. d. $550.
Bob, a Greek citizen, opens a restaurant in Chicago. His expenditures
a. increase U.S. net capital outflow and have no affect on Greek net capital outflow. b. increase U.S. net capital outflow and increase Greek net capital outflow. c. increase U.S. net capital outflow, but decrease Greek net capital outflow. d. decrease U.S. net capital outflow, but increase Greek net capital outflow.