What is the term for the behaviour of people as they interact with one another in markets?

a. interaction
b. demand and supply
c. social psychology
d. economics

Ans: b. demand and supply

Business

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Which of the following would be least likely to appear in a listing agreement?

A) negotiable commission clause B) expiration date C) listing price D) estimated closing cost

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A nationwide parcel delivery service keeps track of the number of late deliveries (more than 30 minutes past the time promised to clients) per day. They plan on using a control chart to plot their results

Which type of control chart(s) would you recommend? A) both x-bar chart and R-chart B) p-chart C) c-chart D) x-bar chart E) both p-chart and c-chart

Business