You are the manager of a local flower shop and you compete with one other flower shop in your area. You estimate the cross-price elasticity of demand between your flowers and your competitor's flowers to be 2.60. Using this information, which of the following statements is true?
A) The flowers from the two shops are substitutes.
B) The flowers from the two shops are complements.
C) If your competitor decreases the price of her flowers, the demand for your flowers will increase.
D) If your competitor increases the price of her flowers, the demand for your flowers will decrease.
A) The flowers from the two shops are substitutes.
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Trobriand Island children begin playing erotic games around the age of:
a. 4 to 5 years b. 12 to 13 years c. 7 to 8 years d. 10 to 12 years
Australopithecus anamesis
A) has been found at Kanapoi and Allia Bay, Kenya B) was found by Meave Leakey 1995 C) is dated to 4.2 to 3.9 million years ago D) was a mosaic of apelike and humanlike traits E) all of the above
All of the following are strong challenges that nation-states face from increasing globalization except:
a. Rise of multinational corporations that cut across nation-state lines. b. Rise of global governing organizations, such as United Nations, which takes away their autonomy. c. Increasingly international workforce both in and outside of the nation-state. d. Rise of global forces integrating the world at a level beyond that of the nation-state. e. Employees that are transnationals.
The Clovis tradition-a sophisticated stone technology based on a sharp point that was fastened to the end of a hunting spear-flourished
A. widely all across the Americas, with archaeological evidence of its reach as far south as Tierra del Fuego. B. around 18,000 B.P. in northeastern Asia, making possible the successful crossing of the Bering Sea into North America. C. as the dominant and exclusive cultural tradition of the Americas between 18,000 and 12,000 B.P. D. in the Central Plains, on their western margins, and in what is now the eastern United States, between 13,250 and 12,800 B.P. E. in Sahul, the land mass connecting Australia, New Guinea, and Tasmania, around 50,000 B.P.