Economists criticize Robinson-Patman acts because
a. Economists are profit maximizers
b. Economists promote unemployment
c. Economists are against discounting of goods
d. Economists feel the act protects competitors rather than the process of competition
d
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The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the U.S. dollar ________ against the Canadian dollar and the Euro ________ against the U.S. dollar
A) appreciated, depreciated B) appreciated, appreciated C) depreciated, appreciated D) depreciated, depreciated
An example of an explicit cost for the owner of a tattoo parlor would be the wages that she could earn if she worked as a graphic artist for an advertising agency
a. True b. False Indicate whether the statement is true or false