An exit from an industry on the part of many business firms would cause a _____ in supply.

Which of the following is an indication that a product is shifting from the growth to the maturity stage of the product life cycle?

A) increasing product interest
B) decreasing price competition
C) increasing buyer sophistication
D) decreasing number of substitutes

Private foundations are usually funded by ______.

A) the U.S. Congress
B) a single donor
C) community organizations
D) a vast number of corporate sponsors

___ occurs when business acquires distributors.

A) Backward integration
B) Inside-out integration
C) Forward integration
D) Outside-in integration
E) Horizontal integration

An example of a negative demand shock is

A) a decrease in the money supply.
B) a decrease in government spending.
C) an increase in foreign export demand.
D) a decrease in the price of imported oil.
E) a decrease in the money supply and a decrease in government spending.

Stock markets are common in many countries and economies.Explain the need for and use of a stock market in an economy.