When a firm advertises, it is attempting to
a. shift its supply curve to the right
b. shift its supply curve to the left
c. shift its demand curve to the right
d. shift its demand curve to the left
e. create a surplus
C
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Rising prices erode the value of money as a ________ and as a ________
A) store of value; unit of liquidity B) medium of exchange; store of value C) store of value; unit of barter D) unit of barter; unit of account
Which of the following is NOT an example of a financial derivative?
A) forwards B) bonds C) swaps D) futures E) options
The manager of Happy Chickens, an organic egg producer, should avoid all of the following topics except which one when speaking to managers of Best Eggs, a competitor firm?
A) Happy Chickens' intent to bid on a large government contract to supply eggs to public schools B) forthcoming changes in Happy Chickens' pricing policies C) Happy Chickens' planned production amounts D) a recent medical report documenting the health benefits from eggs
Equilibrium GDP will not exist where output exceeds aggregate demand because businesses will notice that
a. their profits are positive. b. inventory stocks are building up. c. inventory stocks are being depleted. d. their level of depreciation is rising.