The price elasticity of demand for alfalfa is perfectly elastic. Thus, the price elasticity demand for alfalfa is

A) 1.0.
B) 0.0.
C) -1.0.
D) infinity.

If the subject matter of the offer is destroyed or becomes illegal,the offer is rescindable at the election of the offeror or the offeree.

What is a cost accounting system? What are the two basic types of cost accounting systems?

The standardization of software applications that people can easily share is an example of:

A) a positive network externality.
B) a negative network externality.
C) a network externality that can be positive or negative.
D) an innovation that does not carry a network externality.

A 501(c)(3) organization can engage in lobbying without restriction.

________ and ________ are product costs that can be directly traced to the product.

According to Rosabeth Moss Kanter, developing informal relationships with the right people is a useful means of acquiring power.Who are the "right" people she is referring to?

Melanie and Oli are competing Pacific halibut fishers.Both have been allocated ITQs that limit their catch to 1,000 tons of Pacific halibut each.Melanie's cost per ton is $20;Oli's cost per ton is $28. Refer to the information given and assume that the market price of Pacific halibut is $40 per ton.If Melanie pays Oli $10 per ton for his ITQs and then catches her new limit of 2,000 tons,their combined profit would be:

A) $28,000.
B) $32,000.
C) $30,000.
D) $54,000.

________ are required at the end of the accounting period because certain internal transactions and events remain unrecorded.

Which of the following bargaining tactics is illegal?

A) A lockout.
B) A strike.
C) Refusal to meet with union representatives.
D) Hiring strikebreakers.