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IH

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The following figure shows the market for a good.Which of the following is most likely to shift demand from D' to D?
The following figure shows the market for a good.Which of the following is most likely to shift demand from D' to D?   A) An increase in the price of a substitute good B) An increase in the number of consumers C) A decrease in the price of a complementary good D) A decline in consumers' incomes if it is a normal good

A) An increase in the price of a substitute good
B) An increase in the number of consumers
C) A decrease in the price of a complementary good
D) A decline in consumers' incomes if it is a normal good

On Aug 02, 2024


D
IH

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Perfection is a series of legal steps a secured party takes to protect its right in the collateral from other creditors who want their debts satisfied through different collateral.

On Jul 29, 2024


False
IH

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In Herzberg's two-factor theory, interpersonal relations are regarded as ___ factors.

A) satisfier
B) equity
C) valence
D) hygiene
E) compensation

On Jul 03, 2024


D
IH

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"Left" gloves and "right" gloves provide a good example of

A) perfect substitutes.
B) perfect complements.
C) negatively sloped indifference curves.
D) positively sloped indifference curves.

On Jun 29, 2024


B
IH

Answered

Monopolistic competition in an industry will result in _____ because firms produce _____.

A) overutilization of plants;the minimum-cost output
B) less advertising than in perfect competition;the minimum-cost output
C) lower prices than in perfect competition;more than the minimum-cost output
D) chronic excess capacity;less than the minimum-cost output

On Jun 03, 2024


D
IH

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A minor has the right to recover any consideration,including goods transferred to third parties.This includes even good faith purchasers.

On May 30, 2024


False
IH

Answered

Saad was an employee at a chemical company called FGR Inc. He noticed that several of the security personnel at FGR allowed tankers to be filled over the legal limit with highly inflammable gases. Saad gathered ample evidence of such instances and presented it to senior management. A few months later, the company had not acted, and Saad contacted the Occupational Safety and Health Administration. Less than a week later, the company fired Saad. Assuming that Saad had not had disciplinary issues and wanted to file a claim alleging he was wrongfully discharged, what would be the strongest basis for his claim?

A) He was disciplined for doing what the law requires.
B) He was disciplined for violating public policy.
C) His dismissal was a result of racial discrimination.
D) His dismissal violated his privacy.
E) The company did not provide proper notification of the layoff.

On May 04, 2024


A
IH

Answered

Sales commissions, raw materials, and labor costs are generally ______.

A) fixed costs
B) variable costs
C) a breakeven point
D) a demand curve

On Apr 30, 2024


B