Pizza is a normal good.If students' incomes at your college increase,the effect on pizza will be:

A) an increase in the demand.
B) an increase in the quantity demanded.
C) a decrease in the demand.
D) no change in the demand.

If the U.S.government imposed a tariff on imported steel,it would be expected that

A) the quantity of steel used in the United States would decrease.
B) the quantity of steel imported would be reduced.
C) the price of steel would rise.
D) All of the choices are true.

When a product begins to enter the decline stage,promotion activities increase substantially.

An advantage of a consumption tax is that it does not distort the incentive to save.

Every threat of monopolization is condemned as a violation of antitrust law even fi the alleged offender does not possess some degree of market power.