Critics of advertising argue that it:
a. lowers price by increasing competition.
b. results in more variety of products.
c. establishes brand loyalty, which promotes competition.
d. serves as a barrier to entry for new firms.
d
Economics
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Monopoly and monopsony markets have low barriers to entry.
a. true b. false
Economics
A ________ pays out cash flows from a collection of assets in different tranches, with the highest-rated tranch paying out first, while lower ones paid out less if there are losses on the underlying assets
A) collateralized debt obligation (CDO) B) adjustable-rate mortgage C) negotiable CD D) discount bond
Economics