The slope of a positive relationship is
A) positive.
B) undefined.
C) positive to the right of the maximum point and negative to the left.
D) constant as long as the relationship is nonlinear.
A
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Environmental economics
a. is concerned mainly with the residual flow from economic activity back to nature b. focuses on the flow of resources from nature to economic activity c. recognizes that the flow of residuals back to nature is preventable d. none of the above
Coca Cola and Pepsi, which together account for about 85 percent of the soft drink market, are best described as being in
A) a monopoly market. B) an oligopolistic market. C) a perfectly competitive market. D) a monopolistically competitive market.
Simulation analysis
A) permits the calculation of expected value and standard deviation. B) does not permit the calculation of expected value and standard deviation. C) is too complex to ever be used in actual business situations. D) does not consider probabilities.
Adam's Ribs in downtown Chicago buys $10,000 worth of beef ribs, $25,000 worth of pork ribs, and $8,000 worth of napkins each month. Are these purchases included in the calculation of gross domestic product?