When a credit card company offers different services with its card, like travel insurance for air travel tickets purchased with the credit card or product insurance for items purchased with the card, the credit card company is trying to
A) shift the demand curve for competing firms to the right.
B) create a perfectly competitive market in which to sell its credit card.
C) create a barrier to entry for competing firms.
D) convince customers that its card has greater value than those offered by rival firms.
D
Economics
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The statement that "demand increases" means that there is a
A) movement to the right along a demand curve. B) movement to the left along a demand curve. C) rightward shift of the demand curve. D) leftward shift of the demand curve.
Economics
In the table above, what is the level of unemployment (in millions of workers) if the minimum wage is set at $8 per hour?
A) 0 B) 1 C) 3 D) 4
Economics