"other things equal, when the price of a good rises, the quantity demanded of the good falls, and when the price falls, the quantity demanded rises." this relationship between price and quantity demanded a. is referred to as the law of demand. b. applies to most goods in the economy. c. is represented by a downward-sloping demand curve. d. all of the above are correct.

Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship

Why do you think the compensation plans differ at the two firms? in particular, why do you think kaufmann’s pays commissions to salespeople, while parkleigh does not? why does parkleigh offer employees discounts on purchases, while kaufmann’s does not?

Trey morgan is an employee who is paid monthly. for the month of january of the current year, he earned a total of $4,538. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year, and the fica tax rate for medicare is 1.45% of all earnings for both the employee and the employer. the amount of federal income tax withheld from his earnings was $680.70. his net pay for the month is .