"Knowing your customer" means:
A) knowing what factors affect customer choices.
B) knowing the names of customers.
C) knowing whether something is a fad or a fashion.
D) knowing that people do not believe advertising.
E) having an understanding of why price goes up or down.
A
Economics
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Why would an economist claim that "oil comes out of our minds"?
A) She wants to sound silly. B) She wants to tell lies. C) She wants to remind us that the recognition of useful resources is a product of our mental abilities. D) She wants to sound like a really big and important theorist and could not care less about the facts of the real world.
Economics
Why is money you receive at some future date worth less to you than money you receive today?
What will be an ideal response?
Economics