​If the shopkeeper goes first and quotes a high price,what is the best response of the customer?

A) ​Accept the high price
B) Yell at the store owner
C) Walk away from the deal
D) ​Swear off shopping forever

Which of the following most likely produces the highest risk of conflict?

A) Ambiguous rules and low task interdependence.
B) Precise rules and resource scarcity.
C) Plentiful resources and high goal compatibility.
D) Scarce resources and high task interdependence.
E) None of these has any effect on the risk of conflict.

The present value of a future amount is:

A) that sum which if deposited today will grow into the future amount.
B) referred to as the discounted value of the future amount.
C) always smaller than the future amount, for positive interest rates.
D) All of the above

Which of the following is not a true statement about how social regulation differs from industrial regulation?

A) Social regulation applies to many industries across the board, whereas industrial regulation is more specific to one industry.
B) Social regulation intrudes into the day-to-day production processes of companies more so than industrial regulation.
C) Social regulation is enforced by state and local governments, whereas industrial regulation tends to be the domain of the federal government.
D) Social regulation has expanded rapidly during the same period in which industrial regulation has waned.