Many people tend to buy multiple cars from the same manufacturer because
A) doing so reduces the asymmetric information problem; consumers have better knowledge of quality.
B) doing so reduces the asymmetric information problem; consumers have better knowledge of prices.
C) doing so doesn't change the asymmetric information problem but consumers have more information.
D) doing so increases the consumers brand loyalty.
A
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In the United States, all property is privately owned
a. True b. False Indicate whether the statement is true or false
Which of the following is true?
a. In recent decades, the volume of U.S. international trade has been increasing as a share of the economy. b. As transportation costs decline, the volume of international trade will also tend to decline. c. Most international trade is between the governments of different nations. d. If one party to an international exchange gains, the other party must lose a similar amount.