Constitutionalism means

a. federal, state, and local governments must be democratic.
b. fundamental principles of law governing a nation must be expressed in a written document.
c. a central government must be supreme over a federation of states.
d. there are enforceable limits on the exercise of government power, and the private domain of every individual may not be invaded unless in accordance with reasonable positive law.


b

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Attempts by competitors to interfere with the market and control prices are called parallel price-fixing and are illegal per se under Section 1 of the Sherman Act.

Answer the following statement true (T) or false (F)

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In general, as inventory is added in steady increments, a firm’s fill rate ______.

A. decreases but at a decreasing rate B. increases but at an increasing rate C. decreases but at an increasing rate D. increases but at a decreasing rate

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The Hurwicz criterion multiplies the:

A) best payoff by the coefficient of optimism. B) worst payoff by the coefficient of optimism. C) best payoff by the worst payoff. D) none of the above

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For the following H0, indicate the most likely H1: H0: µ = 1

a. H1: µ ? 1 b. H1: µ < 1 c. H1: µ ? 1 d. H1: µ ? 1

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