How might department stores best protect themselves against the risk of recession?
A) Buy insurance policies that pay off when a recession occurs.
B) Stand ready to go out of business if a recession occurs.
C) Sell goods that are complements to one another.
D) Sell both substitute and complement goods.
E) Sell both normal and inferior goods.
E
Economics
You might also like to view...
If the MPC is 2/3, then 2/3 of the effect of an increase in government purchases on aggregate demand will come from increased consumption
a. True b. False Indicate whether the statement is true or false
Economics
Standard Oil was broken into smaller businesses by the courts because
A. its owner agreed with the judge to lower prices. B. its products were harmful. C. it was too profitable. D. it dominated every aspect of the oil and gasoline business.
Economics