The set of ideas, inventions, production processes, trademarks, trade secrets, and other intangible mental creations that belong to the company is called a. business ethics b. business operation c. intellectual property d. profit motive  

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.