What is one course of action available in every decision making process?
a.
respond in a way which will have only positive consequences
b.
respond in a way which will have no negative consequences
c.
choose to do nothing about the issue
d.
none of the above
select the best answer from the choices provided
a
b
c
d

When color is used on a topographical drawing, black is used to represent what?

Adding a complementary product to what is currently being produced is a demand management strategy used when: a. capacity exceeds demand for a product that has stable demand.b. price increases have failed to bring about demand management.c. demand exceeds capacity.d. demand exceeds 100 percent.e. the existing product has seasonal or cyclical demand.

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither. statement consumer surplus producer surplus neither a local store was having a sale on textbooks, so i bought a used textbook for my brother. i sold a watch for $61, even though i was willing to go as low as $55 in order to sell it. even though i was willing to pay up to $116 for a used laptop, i bought a used laptop for only $110.