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Consumers need information to make good choices

Consumers need information to make good choices
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Price: $0.99
Availability: In Stock
Model: A
Average Rating: 5 out of 5 Stars!

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Solution Guide / Answer Key:

ECONOMICS

Multiple Choice

           Consumers need information to make good choices. Which of the following is correct regarding this information?

a.

Advertising is always harmful to consumers.

b.

Information is scarce and therefore valuable.

c.

Brand names offer no informational content.

d.

Acquiring more information is always rational.

e.

Marginal analysis does not apply to the acquisition of information.

 

           FILE: MS WORD

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