Given that the firm wants to sell both the versions, how should it price its products to have the users self-sort themselves profitably?
a. No-name $60; High-end $130
b. No-name $60; High-end $100
c. No-name $40; High-end $100
d. No-name $40; High end $130
c
Economics
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If the economy is inflationary, the Fed would most likely:
a. encourage banks to provide loans by buying government securities. b. encourage banks to provide loans by raising the discount rate. c. encourage banks to provide loans by selling government securities. d. restrict bank lending by selling government securities. e. restrict bank lending by lowering the federal funds rate.
Economics
How did the AFL feel about unskilled noncraft workers?
a. It was threatened by their low wages. b. It felt sympathy for them. c. It was unconcerned about them. d. It hoped to make them new members. e. It resented their high MRP.
Economics