Answers

JG

Answered

Normally, a professional is only responsible in tort to the patient or client. However, in recent cases, the courts have held some professionals liable to third parties when the professional's expertise or skill was intended to be relied upon by the third party and the professional was aware of this fact.

On Jul 28, 2024


True
JG

Answered

Sam has quasilinear preferences and his demand function for x is D(p)  15  p/3.The price of x is initially $15 per unit and increases to $24 per unit.Sam's change in consumer's surplus is closest to

A) 168.
B) 76.
C) 27.
D) 75.
E) Sam won't consume x at either of the prices.

On Jul 28, 2024


B
JG

Answered

"The rate of unemployment is 9%." This statement:

A) is positive.
B) is normative.
C) involves a value judgment.
D) is a personal reflection and has no value in economics.

On Jul 27, 2024


A
JG

Answered

Which action associated with an OSHA inspection can result in criminal charges?

A) missing the walkaround
B) falsifying records subject to the inspection
C) allowing conditions that lead to an employee's injury
D) failing to notify the employer of an upcoming inspection
E) seeking a restraining order from a U.S. District Court

On Jun 28, 2024


B
JG

Answered

The main players in the world's economy are almost exclusively U.S.companies despite globalization.

On Jun 27, 2024


False
JG

Answered

In successful team environments, shared leadership, which involves more direct and effective communication between management and its internal customers, is common.

On May 29, 2024


True
JG

Answered

__________ is a combination of the functional and divisional patterns wherein an individual is assigned to more than one type of unit.

On May 28, 2024


Matrix departmentation