The general rule to increase profits when two close substitute brands are jointly owned is
a. Increase prices for both brands
b. Decrease prices for both brands
c. Increase prices on one brand, decreasing it for the other
d. Increase prices on one brand, keeping the prices of the second brand constant
a
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The store of value function is defined as the
A) double coincidence of wants that is used in the debate over barter versus money. B) pricing of goods and services in one measure. C) exchange of goods and services directly for other goods and services. D) holding of money from one transaction to be used later in another transaction. E) use of money as a medium of exchange.
"Granger laws":
a. were severely limited in scope through litigation. b. generally outlawed both place and person discrimination. c. established commissions with the power to investigate complaints. d. All of the above are correct. e. Only a and b are correct.