In the context of the fundamental principles of a free market system, the _____ is associated with the point at which the quantity demanded of a product equals the quantity supplied.
A. fiscal price
B. intermediate price
C. parity price
D. equilibrium price
Answer: D
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Hurricane Mitch was the most devastating storm to ever hit Central America. Roger, a salesperson for Dempko Chemicals in Granada, proactively arranged transportation facilities to deliver chemicals to the factory of his major client, Quimico Factories. This prevented the stalling of factory operations during Hurricane Mitch. Identify the stage of relationship between Dempko Chemicals and Quimico Factories in this scenario.
A. Awareness B. Expansion C. Dissolution D. Exploration E. Commitment
Barry, a manager at a leading IT firm, is reviewing trends in his department. He notices the programming team has significantly increased the amount of work they have completed, but the testing team continues to stay at the same productivity level. What human resource information system tool would allow Barry to view such data?
A. HR dashboard B. cloud computing database C. expert system D. judge-advisor system E. decision support system
A salesperson would be most likely to use Standard & Poor's during which stage of the personal selling process?
A) preapproach B) approach C) sales presentation D) overcome objections E) close the sale
An obligation that is contingent on the occurrence of a future event should be reported in the balance sheet as a liability if the
a. future event is likely to occur. b. amount of the obligation can be reasonably estimated. c. occurrence of the future event is at least reasonably possible and the amount is known. d. occurrence of the future event is probable and the amount can be reasonably estimated.