Offering goods that are similar to competitors' products but more attractive in some ways is called:

A. product distinction.
B. product differentiation.
C. price-point pinning.
D. deceptive advertising.

B. product differentiation.

Economics

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What will happen to the demand curve for workers in cotton farms if the price of cotton falls, assuming all else equal?

A) There will be a downward movement along the demand curve for these workers. B) There will be a leftward shift in the demand curve for these workers. C) There will be an upward movement along the demand curve for these workers. D) There will be a rightward shift in the demand curve for these workers.

Economics

In the economic way of thinking, a productive service is

A) a meritorious service. B) something of clear value to anybody in society. C) an activity that enables people to obtain something for which they are willing to pay. D) all of the above. E) none of the above.

Economics