Firms that spend a large amount of money on advertising a particular product are likely to be providing consumers with
a. information about the availability of the product.
b. information about product price.
c. a signal of product quality.
d. a good example of wasted resources.
c
Economics
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Caroline tells her friend Octavia to keep searching for a job because there are plenty of jobs in the area for which she is qualified. This advice is most appropriate for which of the following types of unemployment?
A) structural unemployment B) frictional unemployment C) cyclical unemployment D) seasonal unemployment
Economics
The optimal strategy of a goalie in penalty kicking is similar to that in a(n) ________
A) zero-sum game B) symmetric game C) extensive-form game D) prisoners' dilemma
Economics