A franchisee is likely to command_____ earnings than a salaried manager
a. Higher
b. Lower
c. The same
d. None of the above
a
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If the slope of a line that graphs the relationship between variable x and variable y is positive, then we know that
A) when the value of variable x increases, then the value of variable y decreases. B) when the value of variable x decreases, then the value of variable y decreases. C) the two variables are unrelated. D) the two variables have an inverse relationshi
In the table above, if Brent maximizes his utility by consuming 3 bags of popcorn and 3 bottles of soda, then the ratio of the price of popcorn to the price of soda is expected to be
A) 1/2. B) 5/6. C) 6/5. D) 2.
Output in excess of potential GDP
a) implies a negative output gap b) describes a recession c) is impossible d) is unsustainable e) creates deflation
The slope of a horizontal line is
A. infinite. B. zero. C. negative. D. continually changing.