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An energy drink company is interested in advertising during a made-for-television movie using subliminal advertising in which logo images are shown only very briefly, for periods of just several milliseconds at a time. Which of the following is the strongest argument against such a marketing tactic?
A=Evidence suggests that such messages have limited effects on behavior.
B=The images of the product logo might interfere with the plot and impact the movie-watching experience.
C=The energy drink company would be attempting to influence the behavior of consumers in a manner to which they might object if they were aware of what was occurring.
D=The energy drink company would have to pay a steep “product placement” fee to have its logo occur during the movie.
E=Children might be watching the movie.
Trade restrictions raised the price of sugar by 2.57 cents. Without the restrictions, U.S. consumers would have purchased 23.3 billion pounds of sugar; with them, they purchased 22.4 billion pounds. How much of a loss do they impose on U.S. consumers..
U(x,y)=3x+y, where x and y represent the quantities of two goods, X and Y. The ocnsumer has I=60 , to spend on the two goods, and good Y costs Py=2 per unit. The price of good x, Px is also exogenous. Calculate the consumer's elasticity of demand for..
If taxes were cut by $1 trillion and the MPC was 0.75, by how much would total spending (a) Increase in the first year with two spending cycles? (b) Increase over five years, with two spending cycles per year? (c) Increase over an infinite time perio..
A city engineer and economic development director of Buffalo are evaluating two sites for construction of a multipurpose sports arena. At the downtown site, the city already owns enough land for the arena. However, the land for construction of a park..
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
Identify where a trademark is registered, what one should do when requesting registration and what the governmental office involved would then do. Identify circumstances under which a trademark will not be accepted for registration.
A college student in her senior year is considering purchasing a new car. The price of the car is $18,500, the sales tax is 8%, and the title, license, and registration fee is $450. The dealer offered to finance 90% of the price of the car for 48 mon..
Economic theory unambiguously predicts that total employment will be reduced when an effective minimum wage law is introduced.
In February of 1999, James Surowiecki, who wrote the “Moneybox” column for Slate magazine, said: Briefly explain why this conclusion is not surprising.
If the population of the United States suddenly grew because of a large wave of immigration, what would happen to wages? What would happen to the rents earned by owners of land and capital? Provide specific examples to support your answers.
The cops catch Bob breaking into a Pepsi vending machine and arrest him. What is the process for charging him and who has and what is the burden of proof?
Use this equation to explain the level of income at which there is a zero lower bound on the federal funds rate
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