The demand for gasoline is likely to be more inelastic than the demand for sushi.

An example of ________ is a power plant generating water pollution.

A) a positive production externality
B) a negative production externality
C) a public good
D) the free-rider problem

Organizational culture is a deeply embedded form of social control that influences the thoughts and actions of organizational members.

Ranjiv opened a chain of four restaurants, which are run by different members of his family. Ranjiv outlines the vision, rules, and regulations for the restaurants. He is considering expanding into online ordering for takeout as well as other opportunities. For the restaurants to continue to operate successfully into the future, Ranjiv and his family need to develop a(n)

A) business plan.
B) marketing plan.
C) expansion plan.
D) succession plan.
E) milestone plan.

Summarizing the main idea of the presentation during the introduction is a way to do what?

A) Arouse interest
B) Validate your qualifications
C) Connect ideas that will be presented later in the presentation
D) Remind the audience what is going to be most important
E) Preview the message

Chait, Ryan, and Taylor suggest nonprofit boards focus their attention on ______.

A) policy
B) growth
C) monetary goals
D) critical issues facing the organization

Brockney Incorporated bases its manufacturing overhead budget on budgeted direct labor-hours. The variable overhead rate is $8.60 per direct labor-hour. The company's budgeted fixed manufacturing overhead is $107,970 per month, which includes depreciation of $9,760. All other fixed manufacturing overhead costs represent current cash flows. The July direct labor budget indicates that 6,100 direct labor-hours will be required in that month.Required:a. Determine the cash disbursements for manufacturing overhead for July.b. Determine the predetermined overhead rate for July.

The quality and safety of food may be important to consumers, but food labels that provide standard nutrition facts are a seller's option, not a requirement.

In the short run,if marginal cost is higher than average total cost,producing an extra unit of output must raise average total cost.

A key feature of a public good is:

A) overproduction in the private market.
B) rival consumption.
C) payment through charitable contributions.
D) nonexclusion.