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Which one of the following theories are you most likely to apply if you want to focus on what motivates people to perform.

1. Two factor Theory

2. Expectancy Theory

3. Equity Theory

4. Social Learning Theory

Stereotypes are related to shortcuts in the same way the halo effect is related to

Describe why a consumer who chooses a consumption bundle in which the relative price exceeds the marginal rate of substitution would not be at an optimum

Is a video rental a private good, common resource, natural monopoly or a public good and why is it.

Peter enters a contract with Swartz in which Peter agrees to sell Swartz a shipment of pears. The parties begin to bicker about specifics of the bargain. Is ther a particular area of statutory law that should answer this dilemma? What is the area of statutory law?

Cliff and Norman are involved in a lawsuit against one another. Both want to settle the matter without going to trial, but both want to retain the final word as to whether a settlement should be reached. What type of alternative dispute resolution should the two use and why

A hotel owner, having heard that new hotels plan to open in the area, says, "We have too many hotels in this town already. Statistics show that vacancy rates average 20 percent on any given night." Assuming this is correct, evaluate his negative assessment of the situation in terms of business stealing and product-variety externalities.

If Susan allows Jeremy to travel over her property but he isnt allowed to harvest any of the corn growing in her fields, what type of interest does Jeremy possess and why?

Billy works as a freelance writer for Bib Books. Billy works in his own home and has very little contact with Bib Books, except to receive and return witing projects. Which on of the following is true?

a. Billy is an employee and agent of Big Books

b. Billy is a fiduciary of Big Books.

c. Billy is neither an employee nor an independent contractor for Big Books.

d. Billy is an independent contractor for Big Books.

Sam and Diane form a contract in which Diane agrees to sell sam her extensive book collection. The terms of the contract state that Diane will deliver the books to Sam on or before Dec.1 in exchange for $2500. On Nov 29, Diane telephones Sam and tells him that she has decided she can't live without her books and she won't be delivering the books as pro missed Same may:

1. send sheriff's deputies to the house to take the books

2. only wait and hope that Diane will meet her contractual obligations.

3.Wait to see if Diane willl meet her contractual obligations or treat Diane's statement as a breach of contract

4. only treat Diane's statement as a breach of contract

1. criminal cases are prosecuted by the state, while torts are filed by individuals or companies

2.criminal cases have different statutes of limitations than tort cases

3.criminal cases never require wrongdoers to pay money for their crimes'

4. criminal cases require intent, while tort cases don't require intent

The company discovers the product may not meet federal guidelines regarding the amount of testing required. Which of the following question might the product fail.

1. Is the action profitable.

2.Is the action legal

3.Is the action ethical

4.Is the action reasonable

1. suit in the appropriate court

2.an appeal in the appropriate appellate court

3.suit in the United States Supreme Court

4.suit in the United States Court of Appeals

1. A school district teachers' strike

2. A loss of cargo at sea.

3. An interstate truckers' strike.

4. An online commerce dispute.

ABC Corp. develops a soda named Carolina Cola. The sodas are to be canned with labels that feature a picture of Carol Burnet. State authorities refused to grant the authority to ABC Corp. to market the sodas. Which amendment to the constitution should this issue focus on?

1. For relief in the trail court.

2. An appeal in the appropriate appellate court

3. An appeal in the United States Supreme court

4. An appeal with an administrative agency

1.Minimum wage laws force a market imbalance between the supply and demand for labor.

2.Minimum wage laws increase the efficiency of labor markets

3. Minimum wage laws are typically associated with a rise in employment among the poor.

4.Minimum wage laws are most effective at alleviating poverty when labor demand is highly elastic

be adverse?

1. Good workers

2. Poor workers

3. Employers

4. Consumers

1. The increase in income that results from a job promotion linked to your education.

2. The increase in income of California orange growers due to an orange killing frost in Florida.

3. The annual cost of living adjustment to your salary

4. An increase in income from personal investments.

1.a desire to consume more leisure

2. a desire to consume less leisure

3. the backward bending portion of labor supply

4. a shift in labor demand