The government promotes economic efficiency by producing in areas where the market fails to optimally allocate resources

a. True b. False

a

Economics

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Why do the airlines charge less for passengers who stay over Saturday night and purchase their tickets two weeks in advance?

Economics

Persuasive advertising influences demand by:

A. altering the underlying tastes of consumers. B. providing information about the availability of a product. C. offering reduced prices for the product. D. none of the statements are correct.

Economics