Which of the following refers to a situation where downward price moves by one competitor force "follower moves" by other competitors in order to minimize lost profits?

A) a technology trap
B) competitive benchmarking
C) the prisoner's dilemma
D) a monopoly market
E) a free market situation

C

Business

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When asked a potentially illegal question, which of the following would be the best response?

A) Refuse to answer the question B) File a complaint with the EEOC C) End the interview D) Try to determine why the question was asked E) Politely explain to the employer that the question is illegal and should not be asked

Business

The researcher should rely on ________ to determine which variables should be investigated

A) objective evidence B) theory C) an analytical model D) all of the above

Business