Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: deesands on Jun 30, 2018
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Knowing your customer means:
A) knowing what factors affect customer choices.
B) knowing the names of customers.
C) knowing whether something is a fad or a fashion.
D) knowing that people do not believe advertising.
E) having an understanding of why price goes up or down.
Question 2
Privately formed cartels are legal in many countries, including the United States.
a. True
b. False
Indicate whether the statement is true or false
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Answer to Question 1
A
Answer to Question 2
False