To prevent its competitors from obtaining sufficient supplies to make their products, Continental Steel, Inc, uses its market power to increase the prices of those supplies. This is
A) price discrimination

Which alternative below is not true of current consumption?

A) It refers to goods and services used in the current time period. B) Generally, more of it leads to greater levels of satisfaction. C) It can increase through current borrowing. D) It is usually less desirable than future consumption.

Human needs exist in a hierarchy, and lower order needs have to be satisfied before higher order needs motivate behavior. _____ True or _____ False? Why?

Indicate whether the statement is true or false