An improvement in the quality of U.S. goods would lead to a ________ in the demand for dollars and a ________ in the exchange rate

If a firm raised its price and discovered that its total revenue fell, then the demand for its product is

A) relatively elastic. B) perfectly inelastic. C) perfectly elastic. D) relatively inelastic.

Back-loading of employees' wages helps a company because:

a. they act as incentives for employees to work hard throughout their tenure with the company. b. they completely eliminate all sorts of opportunistic behavior on the part of the employee throughout his/her tenure with the company. c. they reduce the actual cost burden of the employee on the company. d. they prevent opportunistic behavior on the employer's part.