Product differentiation
A) is possibly welfare enhancing if new products match consumer preferences better.
B) is welfare reducing even if new products match consumer preferences better.
C) is welfare enhancing even if new products do not match consumer preferences better.
D) is welfare reducing even if new products do not match consumer preferences better.
Question 2
Company towns are often decried as monopsonists. Why was it unlikely that another employer would move into a company town?
A) The marginal workers available in the company town had low marginal revenue product.
B) The existing monopsonist had a first-mover advantage.
C) The marginal workers available in the company town would demand a wage higher than that obtained at the existing monopsonist.
D) Any of the above.
Pericardial effusion: A, normal pericardial sac; B, pericardial sac with excess fluid possibly causi
The two phases of glycolysis and the products of glycolysis
Consumption of animal products "استهلاك المنتجات الحيوانية"
Importance of Considering Gestalt Principles in Product Design
Use the product rule to find derivative
Find derivative using product rule