Eddie is a sales rep for Phil's Pharmaceuticals. While attending a business convention, Eddie decides to visit his daughter at a nearby college. While driving he hits a pedestrian, Fiona, with his rental car. Fiona sues Phil's Pharmaceuticals for negligence. In order for Fiona to be successful, she must show that:. a. Eddie was on a "frolic"
b. Phil knew or should have known that Eddie was going to visit his daughter
c. Eddie had expressed authority to rent the car
d. Eddie was acting within the scope of employment
e. Eddie recklessly injured Fiona « Previous Next →

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8