A. Newspapers
B. Television
C. Direct Mail
D. Radio
Related Mcqs:
- According to the _____ argument for protection, tariffs can shield new industries from import competition until they have grown strong and efficient enough to withstand the competition by foreign producers ?
A. scientific tariff argument
B. infant industry argument
C. beggar they neighbor argument
D. foreign dumping argument - Monopolistic competition differs from perfect competition primarily because ?
A. in monopolistic competition entry into the industry is blocked
B. in monopolistic competition there are relatively few barriers to entry.
C. in monopolistic competition, firms can differentiate their products
D. in perfect competition firms can differentiate their products - The long-run equilibrium outcomes in monopolistic competition and perfect competition are similar because in both market structures ?
A. the efficient output level will be produced in the long run
B. firms will only earn a normal profit
C. firms realize all economies of scale
D. firms will be producing at minimum average cost - The use of word “competition” in the name of the market structure called “monopolistic competition” refers to the fact that ?
A. there are many sellers in a monopolistically competitive market and there is free entry and exit in the market just like a competitive market
B. Monopolistically competitive firms face a downward-sloping demand curve just like competitive firms.
C. Monopolistically competitive firms charge prices equal to the minimum of their average total cost just like competitive firms.
D. The products are differentiated in a monopolistically competitive market just like in a competitive market. - Antimonopoly legislation is undertaken to ____ competition and market regulation is undertaken to ____ competition ?
A. restrict; promote
B. restrict; restrict
C. promote; promote
D. promote; restrict - __________ has the advantage of being high in selectivity low cost; immediacy; and interactive capabilities?
A. Direct Mail
B. Outdoor
C. Online
D. Radio - What type of trade barrier was used to protect U.S auto firms from foreign competition during 1981 – 1984 ?
A. export quotas imposed by the Japanese government
B. export tariffs imposed by the Japanese’s government
C. import quotas imposed by the U.S government
D. domestic subsidies granted by the U.S government - Theory of comparative advantages was presented by ?
A. Adam Smith
B. Ricardo
C. Hicks
D. Barron - One of the main advantages of trade economists suggest is ?
A. technological change
B. competitions with foreign suppliers
C. development of tourism
D. lower tariffs - All of the following are potential advantages of an international joint venture except ?
A. sharing research and development cost among corporations
B. forestalling protectionism against imports
C. establishing work rules promoting higher labor productivity
D. operating at diseconomy-of-scale output levels
