A local restaurant offers "early bird" price discounts for dinners ordered from 4:30 to 6:30 PM. This is an example of:

A) peak-load pricing.
B) second-degree price discrimination.
C) a two-part tariff.
D) tying.
E) none of the above

(Ignore income taxes in this problem.) Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine.The new machine would cost $450,000 and would have a ten-year useful life.Unfortunately, the new machine would have no salvage value.The new machine would cost $20,000 per year to operate and maintain, but would save $100,000 per year in labor and other costs.The old machine can be sold now for scrap for $50,000.The simple rate of return on the new machine is closest to:

A) 8.75%
B) 20.00%
C) 7.78%
D) 22.22%

Online conduct gives rise to only a narrow variety of legal actions.

What emotional labor technique occurs when a person suppresses his or her true feelings while displaying the organizationally desirable ones?

A) emotional regulation
B) deep acting
C) surface acting
D) emotional dissonance

Because commerce operates more efficiently when competitors cooperate, Section 1 of the Sherman Act permits rivals to consolidate market power.

Incentives can be used to reduce both adverse selection and moral hazard.

Mark wants to give Susan his car. How can he effectively "deliver" it?

A) Only b y giving her a bill of sale for it .
B) Only by giving her an indorsed title certificate.
C) By allowing her take the car for a period of time.
D) By giving her an indorsed title certificate or by  giving Susan the keys