Retailers do not find it profitable to engage in promotional activities because
a. They reap the full benefits of the promotion
b. They have to share the benefits of the promotion with the manufacturer
c. They are unaware of competing retailers' ability to "free ride" on their efforts
d. All of the above
b
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An effluent fee is an example of
A) a government policy to correct for an external benefit. B) a government policy to promote the production of a product with an external cost. C) a government policy to promote the production of a product with an external benefit. D) a government policy to correct for an external cost.
The larger the bond dealer's spread the:
A. less risk there is for the dealer to hold that bond. B. more liquid is the market for that bond. C. greater is the coupon rate for that bond. D. less liquid is the market for that bond.