The ______ effect happens when advertising creates urges in people to buy products previously unknown to them.

a. demonstration
b. marginal
c. allocation
d. differentiation


a. demonstration

Economics

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Drawing the supply curve and the demand curve on the same graph helps show how price is determined.

Answer the following statement true (T) or false (F)

Economics

If stocks are riskier than bonds, why would a rational investor ever buy stocks?

What will be an ideal response?

Economics

A tariff imposed on foreign imports will cause _____

a. demand for imports to increase b. domestic prices of imported goods to rise c. market supply of importable goods to increase d. domestic prices of imported goods to fall e. market supply of domestic goods to decline

Economics

How can it be that the U.S. spends more on education than many other nations, and achieves far worse results? What may be the underlying reason?

Economics