Group which meets periodically to establish corporate policies
A)articles of incorporation
B)limited liability
C)bylaws
D)corporation
E)public corporation
F)board of directors
G)private corporation
H)dividends

Alex, Kara, and Susie are the only three people in a community. Alex is willing to pay $40 for the third unit of a public good; Kara is willing to pay $25. If the marginal cost of producing the third unit is $80, what is the minimum amount that Susie must be willing to pay for it to be efficient for government to produce the third unit?

A) The amount cannot be determined with the information provided.
B) $80
C) $15
D) $65
E) $95

__________ occurs when strategic and comprehensive changes are initiated with the goal of having a comprehensive impact on the organisation and its performance.

A) Top-down change
B) Inside-out change
C) Outside-in change
D) Bottom-up change
E) Theory O change

Learning is a temporary change in knowledge or observable behavior that results from practice or experience.

The most common of all nonprice rationing systems is

A) ration coupons.
B) queuing.
C) favored customers.
D) price ceilings.

Gas stations are not monopolistically competitive because everyone knows the gasoline is the same,regardless of where it is purchased.