Which of the following is not a way in which monopolies fight real-world competition?
A. Advertising
B. Charging a very high price for their products
C. Lobbying
D. Producing products that are difficult to copy
Answer: B
Economics
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Which of the following is not a valid explanation for the high unemployment rate among African American teens?
A. discrimination B. concentration in inner cities where job opportunities for less-skilled workers are inadequate C. lack of desire to work D. minimum wage law
Economics
When music downloading was introduced, what impact did that have on the demand curve for CDs?
What will be an ideal response?
Economics