Total demand drops from 500 to 400 units when a retailer increases car wash prices from $3 to $4 . Price elasticity of demand (expressed as a positive number) equals _____
a. 0.57
b. 0.78
c. 1.75
d. 2.60
b
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The accounts receivable master data is a repository of all unpaid invoices issued by an organization and awaiting final disposition
Indicate whether the statement is true or false
Employees are satisfied with their jobs as long as they perceive that
A. their jobs are the greatest source of happiness. B. their jobs meet their important values. C. they are doing better than their subordinates. D. their jobs can lead to the obtainment of everything they've ever wanted. E. there are no better employment options available.
Pizza Now!, a delivery, dine-in, or takeout restaurant, buys a delivery vehicle on credit from Quality Auto & Truck Dealers Corporation, but does not make a payment on the loan for sev¬eral months. Quality Auto repossesses the vehicle by towing it from a pub¬lic street. Pizza Now! suesQuality Auto for breach of the peace. Pizza Now! will probably
a. not prevail, because Quality Auto did not use judicial process. b. not prevail, because the repossession was not a breach of the peace. c. prevail, because Pizza Now! did not default on the loan. d. prevail, because the repossession was a breach of the peace.
An advantage of buying a franchise is that it already has many of the requirements for success.
Answer the following statement true (T) or false (F)