On a teacher evaluation form students are asked to rate their professor's performance as excellent, very good, good, and poor. This is an example of the
a. ordinal scale
b. ratio scale
c. nominal scale
d. interval scale
A
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Assume that the United States is relatively scarce in unskilled labor and relatively abundant in capital. According to the Stolper- Samuelson theorem, free trade policies would tend to be opposed by ______ in the United States.
a. unskilled workers b. owners of capital c. both unskilled workers and owners of capital d. neither unskilled workers nor owners of capital
Mohr Company purchases a machine at the beginning of the year at a cost of $24,000. The machine is depreciated using the units-of-production method. The company estimates it will use the machine for 5 years, during which time it anticipates producing 40,000 units. The machine is estimated to have a $4,000 salvage value. The company produces 9,000 units in year 1 and 6,000 units in year 2. Depreciation expense in year 2 is:
A. $4,500. B. $14,400. C. $9,600. D. $3,000. E. $4,000.
Experience has shown you that your customers' buying decisions can be significantly affected by situational influences. You are analyzing past sales activities to better understand how these factors translate into sales impacts. Which of the following statements is true about situational influences on the consumer's buying decision process?
A. Situational influences are only relevant in the purchasing stage of the consumer buying decision process. B. Time is not a factor that contributes to situational influences on the consumer's buying decision process. C. If the consumer is fatigued, this could potentially be a situational influence on her buying decision process. D. The day of the week does not have a situational influence on the consumer's buying decision process. E. Location is not a factor that contributes to situational influences on the consumer's buying decision process.
The appeals procedure in a civil case is simple and inexpensive
Indicate whether the statement is true or false