The stage where the consumer perceives a difference between the current state and the desired state is:
Alternative evaluation
Problem recognition
Internal Search
Gap analysis
Problem recognition
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Everything else held constant, if the sum of the required reserve ratio and the excess reserve ratio is greater than one, an increase in the currency-deposit ratio causes the M1 money multiplier to ________ and the money supply to ________
A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease
Big-push strategy investments are designed to
a. aid the rich landowners (who run the LDC governments) at the expense of the poor peasants b. invite back successful colonial development into the LDCs c. keep new forms of colonialism out of the LDCs d. generate tax revenues for development e. create the all-at-once development upon which private investment can flourish
A consultant interviews the hiring manager of a small, profit-maximizing firm. The manager explains that the firm used to have 15 employees, but the most-recently-hired employee has just left the company. The firm is currently advertising to hire a worker to replace the employee who just left at the same wage rate. We can infer that
a. for the 15th employee, the wage exceeded the value of the marginal product of labor. b. for the 15th employee, the value of the marginal product of labor exceeded the wage. c. the firm is too large and should remain at 14 employees. d. the firm is no longer attempting to maximize profits.
Monopoly producers face
A. no competitive producers of the same product. B. many competitors producing the same product. C. only a few competitors producing the same product. D. at least one competitive producer of the same product.