What goods are similar in quality but different enough in price to justify shopping comparisons?
A) emergency goods
B) homogeneous shopping goods
C) heterogeneous shopping goods
D) specialty goods
E) convenience goods
B
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David and George have a contract wherein George agrees to buy sporting goods and equipment. Since the goods are not to be delivered for several months, they left the price open. Under the UCC, which of the following will be true?
a. The price will be the reasonable price based on the market value of the goods at the time of delivery or a price established by a neutral party or agency. b. David has the freedom to set any price he wants considering George was foolish enough to enter into a contract without a price established. c. George has the right to establish a price because he is the buyer. David should have taken steps to protect his sales interest. d. None of the above. The contract is not valid because the terms are not definite and certain.
If it is optimal for both players in a two-person, zero-sum game to select one strategy and stay with that strategy regardless of what the other player does, the game
a. has more than one equilibrium point. b. will have alternating winners. c. will have no winner. d. has a pure strategy solution.
You wish to diversify your single-security portfolio in a way that will maximize your reduction in risk. Which of the following securities should you add to your? portfolio?
A. Treasury bills that have a correlation coefficient of 0.0 with your current security
B. Alpha Company stock that has a correlation coefficient of -0.25 with your current security
C. Delta Company bonds that have a correlation coefficient of 0.36 with your current security
D. Beta Company stock that has a correlation coefficient of 0.50 with your current security
Most HR professionals say that creating a presence on LinkedIn is a waste of time.
Answer the following statement true (T) or false (F)