The term ___ describes the systematic evaluation and analysis of information to make decisions.

A) tactics
B) assay
C) heuristics
D) analytics
E) strategy

Which of the following will not result in an increase in return on investment (ROI) , assuming other factors remain the same?

A) A reduction in expenses.
B) An increase in net operating income.
C) An increase in operating assets.
D) An increase in sales.

An increase in demand for good X can be caused by a decrease in the price of X.

Regarding Beatriz's assertion that the insurer was not liable for accidents that were the fault of the insured, which of the following is true?

A) Beatriz is correct because insurance on vehicles is meant to assist drivers who are involved in accidents through no fault of their own.
B) Beatriz is correct only if Imari has had at least two previous accidents.
C) Beatriz is only correct if Imari is still carried on a parent's insurance policy.
D) Beatriz is likely correct only because Imari is a student with a student policy.
E) Beatriz is incorrect

Social comparison is the basic foundation of which theory?

A) Reinforcement
B) Equity
C) Expectancy
D) Goal setting
E) ERG

Assume that an appliance manufacturer is employing variable resources X and Y in such amounts that the MRPs of the last units of X and Y employed are $50 and $90, respectively. Resource X can be hired at $100 per unit and resource Y at $40 per unit. The firm

A) should hire less of X and more of Y.
B) should hire more of both X and Y.
C) is producing with the least-costly combination of X and Y but could increase its profits by employing more of X and less of Y.
D) is using the least-costly combination of X and Y but could increase its profits by employing less of both X and Y.

Suppose the market for gasoline is in equilibrium.You have heard that the price of crude oil is falling because of new oil discoveries.You are also aware that the number of car and truck drivers is steadily rising.Knowing this,you predict that the price of gasoline will _____ and the quantity of gasoline bought and sold will _____.

A) rise;rise
B) rise;fall
C) rise or fall;rise
D) rise or fall;fall

The government imposes a maximum price on apartments that is above the equilibrium price. You accurately predict that

A) the law will have no economic impact.
B) the law will create a surplus of apartments.
C) renters will find that landlords start offering to furnish the apartments.
D) landlords are less likely to do routine maintenance work in the apartments.

Henry agrees to give Beth $100 in exchange for her $50.Which of the following statements is true?

A) The agreement violates the parties' freedom of contract.
B) The agreement is supported by nominal consideration.
C) The inadequacy of consideration is apparent on the face of the agreement.
D) The consideration is insufficient because it is based on past performance.