Which of the following costs incurred by a tool manufacturer would not be included in conversion costs?

A) factory supervisor's salary
B) machine operator's wages
C) raw steel
D) factory maintenance personnel supplies

If the quantity of money supplied is greater than the quantity demanded, then prices should fall.

When sales rise,inventory as a percentage of sales may also increase,even with a computerized inventory control.

The confirmation error is also known as the sunk-cost fallacy.

"Most of the students at the school use material in their papers that they copy from Wikipedia" is an example of a descriptive norm.

Which of the following was NOT described as an essential theme for effective leadership?

A) strengthen the collective identity of followers
B) rely on followers to interpret events
C) promote social justice and morality
D) encourage and facilitate collective learning

Full-line discount, category specialist, and specialty stores are all types of ________ retailers.

A) food
B) general merchandise
C) price sensitive
D) limited demand
E) special appeal

The more an item is available, the more attractive it becomes.