At a price of $6 each, 314 people want to buy sun visors designed especially for volunteers at the Peachtree Road Race, and only 314 such visors were available. In this example, a state of which of the following has been achieved?

a. price equilibrium
b. symmetry
c. marketing balance
d. commerce stability

Ans: a. price equilibrium

Business

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Managers usually form ______ work teams to improve quality, increase motivation and satisfaction, and lower costs.

-formal -informal -self-managed -task force

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The Consumer Product Safety Act of 1972 established the Consumer Product Safety Commission, which has the authority to ban or seize potentially harmful products and set severe penalties for violation of the law

Indicate whether the statement is true or false

Business