If the demand curve is perfectly elastic, then an increase in supply will: decrease the price but result in no change in the quantity exchanged. increase the quantity exchanged but result in no change in the price. increase the price but result in no change in the quantity exchanged. increase both the price and the quantity exchanged.

The price elasticity of demand measures the: responsiveness of quantity demanded to a change in quantity supplied. responsiveness of price to a change in quantity demanded. responsiveness of quantity demanded to a change in price. responsiveness of quantity demanded to a change in income.

Which of the following results in a rightward shift of the market demand curve for labor? a decrease in labor productivity a decrease in the firm's product price an increase in the wage rate an increase in demand for the firm's product

Demand is said to be __ when the quantity demanded is very responsive to changes in price. elastic unit elastic inelastic independent

In the United States , a typical credit card interest rate ranges from __ per year. .2% to .8% 2% to 8% 12% to 18% 22% to 28%

Channel conflict can be minimized through intensive distribution and/or horizonta integration. A True B False

How can a supervisor help employees transfer new skills learned during training to their job? Provide a date when the new skill must be in use by employees. Act as a model of the new skills employees learned during training to encourage the use of them. Include a section in the employee performance review about training requirements. Praise employees who put training to use and coach those that don't.

What strategy is best to use when showing an employee how to perform a task? Talk slowly and ask employee to take detailed notes. Explain each step of a task and why it is important. Demonstrate the entire task and repeat the important steps as needed. Use jargon to ensure the employee begins to learn what it means and the purpose behind it.

Guardrails and safety nets are examples of: elimination engineering controls administrative controls fall protection

Bill owns "Bill's Home of Blues" a store that specializes in selling CDs and DVDs of blues musicians of the 1960s and 1970s. Bill took out a loan from his bank to pay for his store and its initial inventory.Bill pays the bank 900 per week for his loan. The 900 bank payment is a short-run implicit cost. is a long-run implicit cost. is a fixed cost. is a variable cost.

Hot Questions

Which of the following statements are true about an effective multiple- rescuer response?Select three answers. Team members should wait for the team leader to assign roles and give direction on what actions to take. Each team member should arrive on scene and be able to perform any role necessary. Critical thinking and communication are essential. Team members should anticipate the next actions other rescuers will take. Team members should continue in their current roles if they do not want to move when the compressor

A Type 1 Excludes note is a pure Excludes note. True ) False

Chris operates the Beans's Brew chain of coffee stands. "Bean's Brew" is . a lingo. a trade secret. a service mark. a trade name.

What's the difference between a franchise and a national firm? Membership in the National Association of REALTORS@ The ownership The size of firm The training

Multiple Choice Question When a performance obligation is satisfied over time revenue is recognized in proportion to the amount of the time spent thus far on satisfying the performance obligation. performance obligation that remains to be satisfied. performance obligation that has been satisfied.

Who is responsible for providing technical expertise about work performed by the employee group? The ASAP Manager The FAA Representative The Employee Representative The Management Representative

Advertising aimed at increasing the demand for all brands of a product within a specific industry is called __ institutional advertising comparative advertising selective-demand advertising primary-demand advertising

Recently, a certain bank offered a 10-year CD that earns $2.9\% $ compounded continuously. Use the given information to answer the questions. (a) If $\$ 20,000$ is invested in this CD, how much will it be worth in 10 years? approximately $\$ \square $ (Round to the nearest cent.)

1. What two things should the office claims processor have before processing a patient's claim? __

Productivity may best be defined as the quantity of production the ratio of outputs to inputs the quality of what is produced the amount of revenue earned Clear my selection