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Melissa Mailboy
Answers (6)
MM
Answered
If beans are an inferior good,a decrease in income will
A) cause rice to sell at a lower price.
B) increase the production of rice.
C) shift the demand curve for rice to the left.
D) shift the demand curve for rice to the right.
A) cause rice to sell at a lower price.
B) increase the production of rice.
C) shift the demand curve for rice to the left.
D) shift the demand curve for rice to the right.
On Jul 21, 2024
D
MM
Answered
Price support programs for agricultural products tend to cause shortages of these products.
On Jun 21, 2024
False
MM
Answered
Owen once owed Carl a $1,000 debt,but the statute of limitations ran on that obligation,discharging Owen.Later,Owen promises in writing to pay Carl the debt.Why is there no consideration for this promise? Why is it binding anyway? What additional requirement do some states impose to make the promise binding?
On Jun 20, 2024
There is no consideration because Carl gave Owen no present legal value in exchange for Carl's promise.Most states,however,make such promises binding despite the absence of consideration-perhaps on something akin to "moral obligation" grounds.But many of these states require that the promise be written.
MM
Answered
Variable costing separates variable costs from fixed costs and therefore makes it easier to identify and assign control over costs.
On May 22, 2024
True
MM
Answered
Leaders adjust their behaviors based on ______.
A) follower characteristics and work-setting characteristics
B) follower characteristics and follower productivity
C) follower characteristics and leader characteristics
D) follower characteristics and team prototype
A) follower characteristics and work-setting characteristics
B) follower characteristics and follower productivity
C) follower characteristics and leader characteristics
D) follower characteristics and team prototype
On May 21, 2024
A