Suppose a new study discovered that vanilla ice cream prevents heart disease. The impact on the market is most likely to be

The income elasticity of demand for Product A is 0.9, and the income elasticity of demand for Product B is 0.8. Based on these estimates, Product A is a _____ and Product B is a _____.

Assume the equilibrium price for gasoline is $4 per gallon in Tucson. The government, worried about the citizens, sets a maximum allowable price of $3.5 per gallon of gasoline. This policy will

Suppose that the demand for a movie is given by Q = 24 – 0.5P, and the supply is given by Q = 2P, where Q is the quantity in thousands of tickets and P is the price. When the price is $8, there will be an ____ of ____ thousand tickets.

If a corporation doesn’t want a shareholder to ever be able to sell their shares to anyone outside of the current group of shareholders, it could make all shareholders sign a __________________.

Treaties are a source of law created by __________.

Suppose Arizona passes a law that requires Arizona residents to pay 6% sales tax on all goods, but residents of California to pay 15% sales tax on the same goods. This is likely a violation of which clause in the Constitution?

Which of the following organizations can violate your free speech rights?

If a corporate director is sued because of a decision the board made, the company has an obligation to pay for the director’s defense in court. This is known as what?

The most important factor impacting a company’s ethical climate is ___________.