Are perfectly competitive markets allocatively allocatively efficient in the long run?

You had two salespeople, Dennis and Kevin, presenting you information on two models of laptop computers. The product that Dennis presented was superior to the product that Kevin presented. Kevin was a likable communicator than Dennis.

When supply increases, what happens to the price?

Which of the following ideas is least likely to be protectable as a trade secret?

A person or business that owes money, goods or services to another

Heather is the copy editor for the newspaper. She has to read everything before it goes to print because it has to be perfect. She sets rigid deadlines to make sure she has enough time to correct everyone's mistakes.

In Section 7, the word warranty is best defined as A) a contract between USATestPrep and its Customers. B) a guarantee of any part of the site and its contents. C) a pledge of Customer service if anything goes wrong with the site.

A (n) is the issuer's written promise to pay an amount equaling the par value. The par value is paid at a specified future date. Most often, the issuer is required to make semiannual interest payments.

The primary goal of the Consumer Financial Protection Bureau is: A To monitor your credit report and ensure your identity and other sensitive data has not been compromised. B To protect against abusive or deceptive debt collection purposes.

Jake Skinner purchases a big screen TV on credit and will repay the loan with one payment at the end of 90 days. What type of credit did Jake use?

Which most likely results from producers engaging in specialization? Producers reduce their costs. Producers increase their market share. Producers decrease the materials needed for production. Producers always offer more competitive pricing.