The other-things-constant assumption:

A) allows the economist to make useful predictions.
B) is a prediction.
C) applies only to consumers' decisions and not to those of firms.
D) forces the economist to ignore reality,where things are constantly changing.
E) implies rational self-interest on the part of all economic actors.

When a large and established firm gets into a new line of business, either on its own or by acquiring a smaller and newer innovative firm, what kind of structure does the new innovative unit require compared to that of the established parent?

A) More mechanistic
B) More organic
C) More matrix
D) More virtual
E) More modular

Rita brings a tort action against Santo and proves all of the elements of the claim. Santo's successful defense will

A) release the defendant from partial or full liability for the tortious act.
B) impose liability on Rita for any harm to Santo arising from the suit.
C) further no legitimate purpose and violate the due process clause.
D) toll the statute of limitations.

Suppose that the duopolists Carl and Simon face a demand function for pumpkins of Q  16,400  400P, where Q is the total number of pumpkins that reach the market and P is the price of pumpkins.Suppose further that each farmer has a constant marginal cost of $1 for each pumpkin produced.If Carl believes that Simon is going to produce Q_s pumpkins this year, then the reaction function tells us how many pumpkins Carl should produce in order to maximize his profits.Carl's reaction function is R_C (Q_s) 

A) 8,000  Q_s/2.
B) 16,400  400Q_s.
C) 16,400  800Q_s.
D) 4,000  Q_s/2.
E) 12,000  Q_s.

At the beginning of last year, Monze Corporation budgeted $600,000 of fixed manufacturing overhead and chose a denominator level of activity of 100,000 direct labor-hours.At the end of the year, Monze's fixed manufacturing overhead budget variance was $8,000 unfavorable.Its fixed manufacturing overhead volume variance was $21,000 favorable.Actual direct labor-hours for the year were 96,000.What was Monze's actual fixed manufacturing overhead for last year?

A) $563,000
B) $579,000
C) $608,000
D) $592,000

How long will it take for money to tripe at a rate of 4.5% compounded quarterly?

If the legal part of a contract can be removed from the illegal part,without changing the essential nature of the contract,the court will enforce both parts.