Brand name drugs are chemically identical to their generic ...

[penza]

Brand name drugs are chemically identical to their generic counterparts. Yet, consumers often prefer the brand name product to the generic product. Making consumers think that a brand name drug differs from its generic counterpart is an example of
 
  A) product differentiation.
  B) perfect competition.
  C) oligopolistic behavior.
  D) price taking behavior.

Question 2

A monetarist economist believes that
 
  A) if the economy was left alone, it would rarely operate at full employment.
  B) the economy is self-regulating and always at full employment.
  C) the economy is self-regulating and will normally, though not always, operate at full employment if monetary policy is not erratic.
  D) the economy is self-regulating and will normally, though not always, operate at full employment if fiscal policy is not erratic.

[emsimon14]

Answer to Question 1

A

Answer to Question 2

C

[penza]

Gracias!

[ricroger]

Excellent