Brand names are an example of
A) economies of scale.
B) product differentiation.
C) oligopoly.
D) illegal barriers to entry.
B
Economics
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The foreign exchange market is the market in which
A) foreigners buy U.S. real estate. B) foreign stocks and bonds are bought and sold. C) ideas from different countries are exchanged. D) currencies of different countries are bought and sold. E) none of the above
Economics
Suppose that a new study finds that eating more fish will improve a person's health. As a result
A) the demand for fish will fall. B) the demand for fish will rise. C) the price of fish will fall. D) a smaller amount of fish will be purchased.
Economics