Which of the following is true?
a. To reduce cannibalization among products, reposition a product so that it does not directly compete with the other
b. After acquiring a substitute product, lower prices on both the products
c. After acquiring a complementary product, raise prices on both the products
d. All of the above
a
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How do taxes and needs-tested spending programs work as automatic fiscal policy to dampen the business cycle?
What will be an ideal response?
If there are strong expectations of future economic growth, then the:
a. economy will move to the right along the existing consumption function. b. economy will move to the left along the existing consumption function. c. consumption function will shift downward. d. consumption function will shift upward. e. investment demand curve will shift upward.