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 ___________.

Corporate officers and directors who make decisions in good faith, without violating any of their fiduciary duties, will not be held personally liable for the bad outcomes of those decisions because of ___________________.