As corn prices rise, salsa sales tend to fall. This an example of:

A. a positive correlation.
B. inferior goods.
C. two uncorrelated events.
D. a negative correlation.


D. a negative correlation.

Economics

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Which of the following markets are closest to perfectly competitive

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New Source Performance Standards (NSPS)

a. were revoked by the Clean Air Act Amendments of 1990 b. are applicable to new and modified stationary sources c. are performance-based standards defined by the EPA d. are more lenient than emissions limits for existing sources e. none of the above

Economics

The law of diminishing returns only applies in cases where:

A. There is increasing scarcity of factors of production B. The price of extra units of a factor is increasing C. There is at least one fixed factor of production D. Capital is a variable input

Economics

Which one of the following is a source of organizational power?

A. Vision setting B. Work experience C. Control of budgets and resources D. Risk appetite

Economics