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Some colleges charge all students the same "activity fee." Suppose that students differ by how many campus activities they engage in. This charge is most like a. an excise tax which conforms to the benefits principle. b.

For a particular good, a 10 percent increase in price causes a 3 percent decrease in quantity demanded. Which of the following statements is most likely applicable to this good? Answer: a. The good is a luxury. b.

Multinational organizations can shop from country to country and cut costs through: lower wage scales. lower indirect costs. less stringent regulations. lower taxes and tariffs. All of these.

The selling price of a television is $1,600 and the cost to the retailer is $225. what is the retailer's gross profit from the sale of the television?

What are in-kind benefits? the process used to produce a good or service goods and services provided for free or at greatly reduced prices the benefits only provided to people over the age of 65

When defining its market segments, the xyz company identifies groups based on characteristics such as age, gender, income, and education. what type of market segmentation is this?

Under which agricultural career pathway does horticulture fall? A. plant systems B. animal systems C. environmental service systems D. agribusiness systems

What should be your first step if you have a complaint that you think violates your consumer rights? A) Send a letter or e-mail to the company's headquarters. B) Contact the seller, remain calm, and state the problem.

Place the following events in the order they might occur once rent control is implemented in a crowded, impoverished neighborhood. a. Property owners cannot afford to maintain buildings properly. b.

A. True b. False a defendent who engages in setting off fireworks at a fully licensed fourth of july show is liable for harm that results from the activity only if the plaintiff proves that harm was foreseeable