Multiple Choice
Relating to the Economics in Practice on page 358: Which of the following is an example of an advertisement in which the fact that something is not mentioned indicates that the product is unlikely to be desirable?
A) an advertisement for hot dogs that mentions that it meets certain religious dietary requirements but fails to explain those requirements in a way that would be understood by most people
B) an advertisement for a sneaker that mentions the endorsement of one sports star but fails to mention the sports stars that have endorsed competing products
C) an advertisement for a 30-year old lawn tractor that mentions the color of its paint and the number of cup holders it has but makes no mention of the condition of its engine
D) an advertisement for ice cream that describes the variety of flavors available and the way it tastes but makes no mention of the ice cream's nutritional content
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The _ the utilities from each possible
Q45: Refer to the data provided in
Q52: Refer to the data provided in
Q54: Refer to the data provided in
Q75: Consider the following game. You roll a
Q85: Refer to the data provided in
Q99: For most people, as their income increases,
Q108: Adverse selection and moral hazard are problems
Q112: An automobile finance company faces an adverse
Q121: Jacinda, a college student, waits tables at