Which of the following is NOT a direct determining factor of consumers' purchase decisions?
A) Consumers' tastes and preferences
B) Market price of the finished goods
C) Cost of factor inputs
D) Consumers' income
C
Economics
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The slope of the immediate-short-run aggregate supply curve is based on the assumption that:
A. input prices are fixed, but output prices are flexible. B. input prices are flexible, but output prices are fixed. C. neither input nor output prices are fixed. D. both input and output prices are fixed.
Economics
The largest corporate merger in the history of the world was between
A. AOL and Time Warner. B. Pfizer and Warner-Lambert. C. Vodafone Air Touch and Mannesmann. D. Exxon and Mobil.
Economics