Esther wants to buy a used car from her neighbor, who quotes a price of $18,000. Esther negotiates with her neighbor and offers him $16,500 for the car. This is an example of ________
A) bilateral bargaining
B) collective bargaining
C) arbitration
D) speculation
A
You might also like to view...
Which of the following statements is true?
A) The growth rate of South Korea has been less than the growth rate of the United States over the last 40 years. B) The United States and the United Kingdom have recorded a growth rate of over 10% per annum in the last 40 years. C) The gap between the GDP per capita of the United States and Singapore has increased over the last 40 years. D) The gap between the GDP per capita of the United States and China has decreased over the last 40 years.
In the above table, the inflation rate between 2014 and 2015 is approximately
A) 10 percent. B) 11 percent. C) 121 percent. D) None of the above answers is correct.
A nation's current location on its production possibilities curve can determine the future location of that nation's production possibilities curve
a. True b. False Indicate whether the statement is true or false
Solvency is having:
A. sufficient assets to cover long-run liabilities. B. assets that can be readily converted into cash. C. liabilities that can be readily converted into cash. D. sufficient liabilities to cover long-run assets.