Coercive power is power based on an agent's ability to control rewards that a target wants, such as salary increases, bonuses, and promotions.

The President and CEO of Walmart outlined the company's overall strategy and all its business interests.The focus of the strategy was on long-term growth and survival.What type of strategy is Walmart adopting?

A) corporate
B) business
C) international
D) expansion

You agree to lend a friend $20,000 for a year at an annual interest rate of 45%. At the end of the year your friend must pay you ________ in interest.

A) $133
B) $750
C) $1,900
D) $9,000

In the United States,corporations are legal entities.

Esteban, Mariko, and Greta are the only three people in a community. Esteban is willing to pay $20 for the fifth unit of a public good; Mariko, $15; and Greta, $25. Government should produce the fifth unit of the public good if the marginal cost is less than or equal to

A) $25.
B) $15.
C) $60.
D) $20.

A firm produces Ping-Pong balls using two inputs.When input prices are ($15, $7) the firm uses the input bundle (17, 71) .When the input prices are ($12, $24) the firm uses the bundle (77, 4) .The amount of output is the same in both cases.Is this behavior consistent with WACM?

A) Yes.
B) No.
C) It depends on the level of the fixed costs.
D) We have to know the price of the output before we can test WACM.
E) It depends on the ratio of variable to fixed costs.