When a local grocery store offers discount coupons in the Sunday paper it is most likely trying to
a. reduce prices for all customers.
b. encourage literacy.
c. encourage arbitrage.
d. price discriminate.
d
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Refer to Figure 15-9. At the profit-maximizing quantity, what is the difference between the monopoly's price and the marginal cost of production?
A) $8 B) $11.50 C) $21 D) There is no difference.
The regulator that determines the permissible activities any bank may engage in is the
A) Federal Reserve. B) FDIC. C) House Banking Committee. D) Comptroller of the Currency.
Which of the following conditions is least likely to make a corporation a takeover target?
a. high asset-to-liability ratio b. little stock owned by corporate management c. few shares owned by the corporation d. a nonmanagement group of owners of significant shares e. satisfaction with corporate earnings and direction
Low rates of inflation are generally associated with
a. low rates of government spending. b. small or nonexistent government budget deficits. c. low rates of productivity growth. d. low rates of growth of the quantity of money.