Question 1
The right answer to the debate regarding the welfare effects of advertising is that
◦ advertising always leads to concentration in an industry.
◦ advertising always leads to positive economic profits in an industry.
◦ advertising always improves the functioning of the market.
◦ there is no right answer.
Question 2
Related to the
Economics in Practice on page 314: According to the
Economics in Practice, which of the following statements is
true?
◦ Because tastes tend to differ across areas, we would expect to see a wider variety of products available from an online retailer than from an individual brick-and-mortar retailer.
◦ Even though tastes tend to differ across areas, we tend to see a smaller variety of products available from an online retailer than from an individual brick-and-mortar retailer.
◦ Because tastes tend to be roughly the same across areas, we would expect to see a about the same variety of products available from an online retailer as from an individual brick-and-mortar retailer.
◦ Because tastes tend to differ across areas, we would expect to see a smaller variety of products available from an online retailer than from an individual brick-and-mortar retailer.
Triumphal Entry, page from a manuscript of Firdawsi's Shahnamah, Persian, Safavid culture.
Disorders Related to Urination
Procedures and Diagnostic Tests Related to the Integumentary System
Foundations of evidence-based practice.
Visual Elements of Pictorial Expression: A. Carpet Page from the Lindisfarne Gospels
Economics question