Economists who argue that advertising enhances market efficiency suggest that celebrity advertising signals inferior product quality
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Externalities get their name from the fact that they are:
a. b and d. b. unintended. c. short lived. d. outside of decisions. e. outside of marketplace.
Economics
Millionaires do not face the problem of scarcity
a. True b. False Indicate whether the statement is true or false
Economics
Which of the following would cause E1 to move to E2?
a. P1 moving to P2 and D2 moving to D1
b. S1 moving to S2 and Q2 moving to Q1
c. P1 moving to P2 and Q1 moving to Q2
d. S1 moving to S2 and D2 moving to D1
Economics
A rightward shift in the aggregate demand curve can be caused by an increase in:
A. the price level. B. business investment spending. C. taxes. D. production costs.
Economics