One of your classmates, sally, is a hardworking student, serious about her classes, and conscien- tious about her grades. sally is also involved, however, in volunteer activities and an extracur- ricular sport. is sally displaying rational behav- ior? based on what you read in this chapter, construct an argument supporting the conclu- sion that she is.

The green revolution is a scientific breakthrough that improved seeds for basic crops. how did the green revolution impact the supply of basic crops such as wheat and corn? the supply of wheat and corn increased. there was no impact on the supply of basic crops. the supply of basic crops did not change, but the quantity supplied of basic crops increased. the supply of wheat and corn decreased.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.