Limit pricing is a strategy used by a firm to

A) deter entry.
B) enhance short run profits.
C) raise its prices.
D) lower its costs.

A

Economics

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Which of the following shifts the entire consumption function upwards?

A) a decrease in the value of consumer durables B) an increase in consumer wealth C) a decrease in consumer confidence D) an increase in income

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Which of the following is NOT a potential reason for wage differences by race or sex?

A) discrimination B) differences in human capital C) differences in the degree of specialization D) All of the above are potential reasons for wage differences by race or sex.

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