Homogeneous products are distinguishable from each other.

In which of the following cases did the U.S.Supreme Court rely on precedent to strike down a school's admissions policy that reserved slots for members of minority races?

A) Story v.Price
B) Brown v.Board of Education
C) University of California v.Bakke
D) Grover v.University of Mississippi
E) Adkins v.Price

Between 2002 and 2014 the number of workers employed in construction fell while the number of workers employed in food services rose.

The acquisition of treasury stock by a corporation

A) increases its total assets and total stockholders' equity.
B) decreases its total assets and total stockholders' equity.
C) has no effect on total assets and total stockholders' equity.
D) requires that a gain or loss be recognized on the income statement.

Easy entry of new firms is not a characteristic for ________ industries.

A) perfectly competitive and monopolistically competitive
B) monopolistically competitive and oligopolistic
C) oligopolistic and monopolistic
D) monopolistic and perfectly competitive

Gary buys from Hook, Line & Sinker Corporation the exclusive right to sell its trademarked fishing gear in a certain area. Their franchise agreement requires Gary to pay certain administrative expenses. Their agreement may also require the franchisee to pay a percentage of the franchisor's

A) advertising costs.
B) personal expenses.
C) retirement income.
D) all of the choices.