Suppose you are the marketing manager for MyTeam, an online seller of jerseys for sports teams. Philly has offered to sell you advertising on a pay-per-conversion basis at $5 per conversion where a conversion is sale. If the gross margin on sales is 37% and the average order value is $118.23, is the advertising worth the cost

Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.

Which of the following will not cause the consumption schedule to shift? a) a sharp increase in the amount of wealth held by households b) a change in consumer incomes c) the expectation of a recession d) a growing expectation that consumer durables will be in short supply

Usually, government officials make the decisions on the best ways to spend public money true or false