A company known for its high-quality watches and clocks introduces a line of well-designed pocket watches to increase its market share. The pocket watch style catches on in the fashion world, and in a short time the company’s pocket watch sales climb quickly. At the same time, the sales of its wrist watch line decline. The pocket watch line is having what marketing effect on the company’s wrist watches?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.