A firm's trademark is protected from misuse if it is registered with the
A) U.S.D.A.
B) U.S. Patent and Trademark Office.
C) U.S. Supreme Court.
D) F.C.C.
Answer: B
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Maxine and Deborah both got hair extensions, costing each of them $300. Maxine's hair was done perfectly. She enjoyed the new look. The job on Deborah's hair was all botched u
A) Deborah did not incur a sunk cost. B) Maxine did not incur a sunk cost. C) Both Maxine and Deborah each incurred a $300 sunk cost. D) Only the hairdresser incurred a sunk cost.
Command economies are able to achieve greater allocative efficiency than market economies
a. True b. False Indicate whether the statement is true or false
In short-run equilibrium for a competitive firm:
A. price will not equal marginal revenue. B. marginal revenue will be greater than marginal cost. C. price will equal marginal cost. D. price will be greater than marginal cost.
As financial intermediaries, how do commercial banks pay their expenses and earn profit?
a. Banks pay depositors a higher interest rate than they charge borrowers b. Banks pay depositors a lower interest rate than they charge borrowers. c. Banks earn interest from their deposits at the Federal Reserve. d. Banks invest funds from stockholders in the stock and bond markets.