In reviewing the graph below, which of the following inferences can be drawn about the monthly salary?

A. The average monthly salary is $3,000.
B. The monthly salary is always less than $3,000.
C. The monthly salary is always greater than $3,000.
D. The range of the monthly salary distribution is $3,000 to $5,000.


Answer: A

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1.According to the product-life-cycle theory, the last stage of a product's trade cycle is when it becomes an import-competing good. 2.Ricardo's theory of comparative advantage is a static theory that does not consider changes in international competitiveness over the long run. 3.Dynamic comparative advantage refers to the creation of comparative advantage through the mobilization of skilled labor, technology, and capital. 4.Industrial policy seeks to direct resources to declining industries in which productivity is low, linkages to the rest of the economy are weak, and future competitiveness is remote. 5.Europe's jumbo-jet manufacturer, Airbus, has justified receiving governmental subsidies with the argument that the subsidies prevent the United States from becoming a monopoly in the jumbo-jet market.

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Which of the following instruments is negotiable?

A. An instrument that provides, "Payment is subject to the terms of a contract dated November 20, 2009" B. A note that contains the statement, "This note is secured by a mortgage dated July 01, 2009" C. An instrument that reads, "I promise to pay to the order of Collin Corp. $550 sixty days after the delivery of my new refrigerator" D. A note that states, "I promise to pay Vlad $800 if he repairs my car"

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Document symptoms to some extent can signal out that embezzlement is taking place. Which among the following usually does NOT point to some problem with the source documents?

a. Photocopied documents b. Different names or addresses of payees or customers c. Excessive voids or credits d. Increased past-due accounts

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List four ways in which group norms develop.

What will be an ideal response?

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