A demand curve with constant slope over all quantity values can have a continuously changing price elasticity of demand.

Your roommate has the right to play her harmonica during the day. But you find the best time to study is during the day, and the harmonica playing makes it hard for you to concentrate. You tell your roommate that you will do her laundry every week if she does not play the harmonica during the day and she agrees to this. This is an example of

A) the drop-in-the-bucket problem.
B) liability rules.
C) the Coase theorem.
D) an injunction.

Voice can be contrasted with silence.

Which arrangement would qualify as job rotation?

A) a receptionist hired to perform the jobs of file clerk and typist
B) support staff being trained in front-office functions through periods of alternating work arrangements
C) members of the production team making decisions regarding how to resolve problems with customers
D) a manager participating in a meeting while on vacation with his family
E) a manager directing employees to stop production when quality standards are not met

Which of the following statements is true?

A) Kennedy's advisors experienced so much social loafing that they did not exert sufficient effort.
B) The individuals on the committee lacked the skills they needed to work in groups.
C) Kennedy did not exert enough authority during the discussions.
D) The Bay of Pigs planners made a series of errors in judgment.
E) The Bay of Pigs invasion would have exceeded if not for the bad weather.

Suppose demand is given by the equation:
Q^D = 80/P
Using the midpoint method, what is the price elasticity of demand between $1 and $2?

The journal entry to record an investment by the owner would most commonly include:

A) a debit to Cash and a credit to Fees Earned.
B) a debit to Capital and a credit to Cash.
C) a debit to Fees Earned and a credit to Capital.
D) a debit to Cash and a credit to Capital.

According to the expectancy model,a manager's perception of reality and the employee's perception of reality are often the same.Therefore,a manager can use his perceptions to set the performance standards and rewards.

A broad,subjective search for trends across media and other environments is known as ________.

A) targeting
B) coolhunting
C) positioning
D) data mining

Alternative work arrangements commonly used today include all of the following EXCEPT:

A) job sharing.
B) telecommuting.
C) flexible working hours.
D) compressed workweek.
E) job rotation.