Unless you accept his 'final offer' your opponent threatens to scrap the whole deal:
a. His threat is more believable if both parties would be harmed by scrapping the deal
b. His threat is more believable if he has better outside options
c. His threat is more believable if only he is hurt from the deal falling through
d. His threat is more believable if he has balked at this course of action in the past
b
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When aggregate expenditure is more than GDP, which of the following is true?
A) Firms spent less on capital goods than they planned. B) Households bought fewer new homes than they planned. C) There was an unplanned decrease in inventories. D) All of the above must be true when aggregate expenditure is more than GDP.
Jaime’s cross price elasticity of science fiction and mystery novels is -4. This means that the novels are
a. compliments. b. normal. c. substitutes. d. inferior.
An organization owned by two or more persons in which only one person has unlimited personal liability for the business:
a. cooperative b. corporation c. trade association d. limited partnership e. sole proprietorship
Using cost plus pricing, what is the price if ATC = $14.50 and the target rate of return is 4 percent?
A. $15.10 B. $14.5 C. $49.34 D. $22.10