The Law of Demand is called a law because

When executives from competing firms meet to decide which of them will submit the lowest bid on a contract, they are indulging in?

Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours per week, and the real wage averages $16 per hour. What is labor productivity for this country?

Which of the following is a start-up expense for Maria's food truck? A.) Kitchen appliances and other equipment needed to conduct her business. B.) Cell phone bill C.) Gas D.) All of the above

Alpha Corporation reported the following data for its most recent year: sales, $630,000; variable expenses, $280,000; and fixed expenses, $280,000. The company's degree of operating leverage is:a. 5b. 9c. 1.8d. 1

Which of the following questions is NOT asked when designing a sales force strategy and structure? A. Should salespeople follow strict steps in the sales process? B. How should salespeople and their tasks be structured? C.

Responsible boaters use cleaning products that won't harm lakes or rivers. which product is a responsible choice for cleaning your boat

During a recessionary period, which of the following economic behavior would be expected? Consumer would switch from premium brands to lower-priced ones. Consumer use of credit would increase. Taxes would increase nationally.

Rank the following types of businesses in order of risk to you, with the highest being number 1: partnership, limited partnership, limited liability company, sole proprietorship

How many people went to college this year? (Average)

If a U. S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be