Which of the following is part of Joseph Schumpeter’s ideal economic model of perfect competition and static-equilibrium?
a. The supply and demand of goods is constant.
b. Different quantities of different goods are always being produced and consumed at different rates.
c. Competition maximizes profits by reducing costs.
d. Monopolies would form and drive up prices.
a. The supply and demand of goods is constant.
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In subordinate-superordinate relationships, the subordinate has no power.
Answer the following statement true (T) or false (F)
According to social control theory, deviant behavior occurs a. when the means for achieving culturally approved goals is blocked
b. when people have given up and no longer accept the goals considered desirable by society. c. when attachment to social bonds breaks down. d. as a result of emotional stress.
In a certain industry, it is known that the standardized regression coefficient for predicting likely profit from number of advertisements is .7. A company is planning to place 18 advertisements. Which of the following pieces of information will be
needed as part of predicting the actual amount of profit? A) Length of time the company has been in business B) Mean and standard deviation of the number of advertisements in general C) This company’s profit to date D) Median and variance of the number of advertisements in general
To be eligible to participate in the Paralympics, each athlete must be classified according to his or her physical impairment. This classification must be done by
A. at least two other athletes who can describe and substantiate the impairment. B. the athlete's general practitioner who has examined and treated the athlete regularly. C. the athlete's parents and a general practitioner. D. trained experts who do full examinations and evaluations of the athlete.