All of the following are true about the arbitration process EXCEPT . Group of answer choices close to 96% of all collective bargaining agreements mandate arbitration as the final step in a grievance process an arbitration is more structured than mediation and involves many steps similar to a trial the arbitrator helps the parties arrive at a mutually satisfying decision arbitration is limited to situations in which both parties agree to use it

Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation

The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?

Because the demand for wheat tends to be inelastic. true or false