The text defines persuasion as inducing others to cooperate by
A) either threats or promises.
B) employing deception.
C) offering people additional options.
D) providing monetary payments.
E) using verbal arguments.
C
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A Big Mac costs $4.00 in the United States and 9.00 reals in Brazil. If the exchange rate is 2 reals per dollar, purchasing power parity predicts that
A) the dollar will depreciate as the supply of dollars rises in the long run. B) the dollar will appreciate in the long run as the demand for the dollars rises. C) the dollar will appreciate as the demand for dollars falls in the long run. D) the dollar will depreciate as the demand for dollars falls in the long run.
Refer to Table 4-1. The table above lists the highest prices three consumers, Curly, Moe, and Larry, are willing to pay for a bottle of champagne. If the price of one of the bottles is $95 dollars, total consumer surplus will be
A) $0. B) $35. C) $80. D) $95.
Answer the following statement(s) true (T) or false (F)
1. ISO 14000 refers to mandatory internationals standards for environmental management. 2. A major component of the ISO 14000 standards addresses life cycle assessments. 3. In the hierarchy of waste management identified by the Pollution Prevention Act of 1990, recycling of wastes is the top priority. 4. The United States is the only country to legislate pollution prevention. 5. One of McDonald’s pollution prevention programs is known as P3 (Pollution Prevention Pays).
Mihaela has $10 to spend. Assuming hamburgers cost $2 and milkshakes cost $1, what combination of hamburgers and milkshakes offers the highest total utility?
a. 5 hamburgers and 0 milkshakes b. 4 hamburgers and 2 milkshakes c. 3 hamburgers and 4 milkshakes d. 2 hamburgers and 6 milkshakes