Advertising by monopolistically competitive firms can do all of the following EXCEPT
A) lower the consumer's purchase price.
B) help differentiate a firm's product.
C) act as a signal to consumers that the company is serious about staying in business.
D) result in increased profits for the advertising firm.
A
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An increase in the value of the U.S. dollar relative to the Japanese yen will
a. increase aggregate demand in the United States. b. decrease aggregate supply in the United States. c. increase aggregate demand in Japan. d. increase aggregate supply in Japan.
"Job-seeking immigration brings net economic benefits not only to the immigrants, but also to the receiving country overall." But there are winners and losers within the receiving country. Who among the following can be considered as a winner within the receiving country?
A. The households who want to rent the same kinds of apartments the immigrants want to rent. B. The workers who compete with the immigrants for jobs C. The consumers who buy the products that the immigrants help to produce D. None of these options are correct.