Which of the following is not part of an oligopolist's business strategy?
A) determining the amount of advertising a new product needs
B) deciding the level of total output of a new product
C) meeting worker health and safety standards required of all firms
D) setting the product's price after considering what rivals will do
C
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The federal funds rate is the rate at which
a. banks loan money to the Fed b. the Fed loans money to banks c. one regional Federal Reserve bank loans money to another regional Federal Reserve bank d. one bank loans money to another. e. regional Federal Reserve banks loan money to a local bank.
Advertising during the Super Bowl is an example of information about quality contained primarily in the existence and expense of the advertising
a. True b. False Indicate whether the statement is true or false