False advertising ________ likely to be successful with a plush stuffed toy sold at retail stores because the stuffed toys are a(n) ________ good.
A) is; credence
B) is; inspection
C) is not; inspection
D) is not; credence
C) is not; inspection
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Which of the following increases the quantity supplied of compact discs but does NOT increase the supply of compact discs?
A) new technology that lowers the cost of producing compact discs B) a decrease in the price of a compact disc C) an increase in the price of a compact disc D) a decrease in the number of suppliers of compact discs E) an increase in the price of the resources used to produce compact discs
Statutes prescribing maximum hours and minimum wages for women were common by 1920 . The effects of these laws included all of the following except
a. complementary limits on the hours of male workers. b. a negligible impact on female employment. c. reduced competition for jobs between male and female workers. d. increased employment of women in managerial positions.
The bulk of offshoring is vertical, relating to producing a component piece in an overall supply chain production
Indicate whether the statement is true or false
Dumping refers to
A) selling inferior products to unsuspecting consumers. B) selling a product for a price below its cost of production. C) exporting products that do not meet domestic safety standards. D) illegally avoiding tariffs by selling products on the black market.