UZ
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Briefly describe the two arguments that economists make to defend the practice of resale price maintenance.
On Jul 02, 2024
First, economists do not agree that resale price maintenance reduces competition. Second, economists argue that the practice has the legitimate goal to provide good customer service, which could be considered a public good and thus subject to the free-rider problem.
UZ
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A clergyman of a small inner-city parish has spent time defacing billboards advertising the local casino. Explain his behaviour.
On Jun 28, 2024
The clergyman is participating in destructive consumer behaviour, in this case, anticonsumption or the defacement or alteration of advertising materials as a form of political expression. In effect, he is destroying advertising that he feels promotes unethical acts-in this case gambling.