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True/False: To Joseph a "submarine" is a sandwich. To Alfonse a "submarine" is a submersible ship. The different meanings Joseph and Alfonse apply to the word "submarine" reflect the fact that the meanings of words are arbitrary.

Which of the three economic systems (market, planned, and mixed) do you believe address the issue of scarcity the best?

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True or False - Taxation is the most obvious disruption to the circular flow free market model.

James Harmon is twenty-five when he takes out $40,000 of twenty-pay life insurance. How much is his annual premium? Annual premium = $ If he were to pay semiannual premiums, what would the premium be?

g One difference between total utility and marginal utility is that Select one: a. total utility is cumulative, and marginal utility is not. b. total utility measures happiness and marginal utility measures unhappiness c.

Jana and katie are the owners of upscale jewelry boutique thst offers unique and much desired accessories in an affluent neighborhood, jana and katie are concerned, however that the company commitment to social responsibilty has begun to deminish in

If you wanted to compare average monthly absenteeism for five divisions in your company over the course of a year, which type of visual would you use? explain your choice

Suppose the only way you could save five innocent people was by killing one of them. would you do it? suppose the only way you could save one innocent person was by killing five others. would you do it?

Which of the following is a distance-based method for location alternatives evaluation? Factor rating methodDecision treeBreak-even approachTransportation methodCenter of gravity approach