During the holiday season, high-end retailers frequently place a high price on merchandise on weekends and discount the price during the week. They do this because they believe that two groups of customers exist: shoppers with little free time and bargain hunters. Bargain hunters have time to shop around and frequently shop during the week. What do economists call this price strategy used by

The higher the cost of acquiring skills, the ________ are the high-skilled and low-skilled labor ________ curves

A) closer together; demand B) farther apart; demand C) closer together; supply D) farther apart; supply

Which of the following countries would economists say definitively is achieving modern economic growth?

A. Zimbabwe experiences a 5.6 percent increase in nominal GDP. B. South Africa experiences a 4.2 percent increase in real GDP. C. Ghana experiences a 3.6 percent increase in nominal GDP per person. D. Nigeria experiences a 2.7 percent increase in real GDP per person.