Assume that a doctor makes $200 per hour, a lawyer $250 per hour, an architect $140 per hour, a professor $50 per hour, and a waiter $35 per hour. Which of these professionals is most likely to spend time to negotiate with a car dealer?

a. The doctor
b. The lawyer
c. The architect
d. The professor
e. The waiter

e

Economics

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Cost is always a forgone

What will be an ideal response?

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When collecting data to conduct research, if the sample used is not random, ________ occurs.

A. regression discontinuity B. selection bias C. survivor bias D. difference-in-differences

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