If an economy has to sacrifice increasing amounts of good X for each additional unit of good Y produced,then its production possibility frontier is:

A) bowed out.
B) bowed in.
C) a straight line.
D) a vertical line.

Sinead is an up-and-coming folk singer who just recorded her first solo album on a relatively obscure record label. To protect her music from illegal and unauthorized use, which of these should Sinead pursue?

A) patent
B) copyright
C) trademark
D) IPO

Service innovation involves offering a new or altered service for sale.

On February 1,a customer's account balance of $2,300 was deemed to be uncollectible.What entry should be recorded on February 1 to record the write-off assuming the company uses the allowance method?

A) Debit Bad Debts Expense $2,300; credit Accounts Receivable $2,300.
B) Debit Allowance for Doubtful Accounts $2,300; credit Bad Debts Expense $2,300.
C) Debit Allowance for Doubtful Accounts $2,300; credit Accounts Receivable $2,300.
D) Debit Bad Debts Expense $2,300; credit Allowance for Doubtful Accounts $2,300.
E) Debit Accounts Receivable $250; credit Allowance for Doubtful Accounts $2,300.

Mullroy has complained to the local police about the vandalism in his neighborhood.However,the police have taken little interest in curbing the vandalism,much to Mullroy's disappointment.Determined to resolve the problem,Mullroy invites the local sheriff to his daughter's birthday party and offers him free weekend dinners at Mullroy's family restaurant if the sheriff promises to look into the vandalism problem.Discuss the nature of consideration and contract in this case.

The five stages of team development include all of the following EXCEPT:

A) forming.
B) norming.
C) adjourning.
D) journeying.
E) storming.