Credit cards
A. defer payments.
B. are a store of value. .
C. have led to a wider use of currency.
D. All of these responses are correct.
Answer: A
Economics
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What is the primary difference between bundling and tie-ins?
A) Bundling is typically a one-off purchase. B) Contractual arrangements. C) Tie-ins are one-off purchases. D) Bundling is illegal and tie-ins are legal.
Economics
As a general rule, marginal utility will be less:
a. as less of the good is consumed. b. as more of the good is consumed. c. when average utility is at a maximum. d. only when the good is inferior. e. when satisfaction is less than cost.
Economics