A "market" consists of
A. a group of potential customers with similar needs.
B. customers who are willing to exchange something of value.
C. sellers offering various ways of satisfying customer needs.
D. All these answers are correct.
Answer: D
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Alex harbors a deep hatred for Malaika because she publicly humiliated him. Shane is Malaika's business partner who plots to acquire her shares and knows about Alex's resentment toward Malaika. Shane takes Alex on a drinking spree at a local bar where he provokes Alex against Malaika. In a fit of rage, Alex leaves the bar and murders Malaika at her residence. From this scenario, we can conclude that the court would most likely hold Alex:
A. capable of premeditation and give him the death penalty. B. incapable of premeditation and give him bail. C. capable of premeditation and punish him for first-degree murder. D. incapable of premeditation and punish him for second-degree murder.
Redo is a market follower in the wristwatch industry. After noticing a shortfall in the market leader's product, Redo improves its product to suit consumer needs and becomes a challenger for the market leader. This is an example of a(n) ________
A) counterfeiter B) cloner C) imitator D) adapter E) innovator
Warrantless searches are permitted where it is likely that evidence will be destroyed
Indicate whether the statement is true or false
Explain the difference between lost, mislaid, and abandoned property and who has rights to it