If demand changes considerably, with a small change in price, the demand is said to be ________
A) unit elastic
B) elastic
C) inelastic
D) marginal
E) strained
B
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A company made the following cash expenditures on a self-constructed building begun January 1 of the current year: January 1 ............................................ $50,000 June 1 ............................................... 60,000 December 1 ........................................... 90,000 The building is still under construction at year-end. What is the amount of the average
accumulated expenditures for the purpose of capitalizing interest? a. $87,500 b. $92,500 c. $100,000 d. $200,000
Describe some measures that firms have taken to gain tighter management control over the cost of health care.
What will be an ideal response?
________ is the number of times a receiver is exposed to a media vehicle in a given time period.
A. Reach B. Audience contact C. Potency D. Coverage E. Frequency
The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female). y = 30 + .7x1 + 3x2 Also provided are SST = 1200 and SSE = 384 . At the 5% level, the model
a. is significant. b. is not significant. c. would be significant if the sample size was larger than 30. d. has significant individual parameters.