When marketing makes customers better informed about all firms in the market:
a. demand curves for specific brands in the market are likely to become less elastic.
b. each firm is likely to have less market power

Refer to the table above. If the world price of trousers is $8 per pair, then which of the following statements is true?

A) Country B, Country C, and Country D will export trousers, whereas Country A will import trousers. B) Country A, Country C, and Country D will import trousers, whereas Country B will export trousers. C) Only Country B will import trousers, whereas Country A, Country C, and Country D will export trousers. D) All countries will import trousers.

Many whites regard ghetto poverty as a symptom of aberrant cultural values and inherent racial deficiencies

Indicate whether the statement is true or false