Most groups exhibit a structure called a ________ in which some members are somehow better off than others in terms of authority, power, or respect
A) status hierarchy
B) social array
C) social class
D) mass class
A
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Ideal market exposure means selling a product through all intermediaries willing to stock and sell it.
Answer the following statement true (T) or false (F)
According to the mainstream economics school of thought, unions act like _____________________ because they control the supply of labor and set wages at levels that are artificially high.
Fill in the blank(s) with the appropriate word(s).
Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the following statements is CORRECT? A B Price$25 $25 Expected growth (constant)10% 5% Required return15% 15%
A. Stock A has a higher dividend yield than Stock B. B. Currently the two stocks have the same price, but over time Stock B's price will pass that of A. C. Since Stock A's growth rate is twice that of Stock B, Stock A's future dividends will always be twice as high as Stock B's. D. The two stocks should not sell at the same price. If their prices are equal, then a disequilibrium must exist. E. Stock A's expected dividend at t = 1 is only half that of Stock B.
Fay, age 17, ordered a pair of skis on the installment plan. She paid $20 every month until she turned 18, the age of majority. The next day, she sold the skis to Sharon and disaffirmed the contract. Fay is:
a. still liable since she had to disaffirm before her 18th birthday. b. still liable because selling the skis amounted to a ratification. c. still liable because she used the skis. d. not liable because skis are not necessaries.