Advertising that has the fine print "professional driver on a closed course,"
A) is likely engaged in persuasive advertising.
B) is likely engaged in informative advertising.
C) is likely engaged in strategic advertising.
D) is likely engaged in false advertising.
A
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Restaurant provide discounts to seniors because
a. They have a less-price elastic demand b. They have a more-price elastic demand c. They are the main source of income d. None of the above
The price that a firm's only competitor charges would be a
a. topic in microeconomics b. topic in finance c. macroeconomic topic d. topic in public finance e. normative issue
Describe the problems associated with practicing countercyclical policy
The confidence you have that a retailer will accept dollars in exchange for goods is based primarily on money
a. being a unit of account. b. being a medium of exchange. c. serving as a store of value. d. having intrinsic value.