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Author Question: Darryl graduated with honors from college. However, he obtained his outstanding grades by cheating ... (Read 87 times)

joblessjake

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Darryl graduated with honors from college. However, he obtained his outstanding grades by cheating on every final exam with help from his best friend; Darryl actually has the talent of a C student. Nevertheless, he gets a job with a top accounting firm in Boston. The fact that he is hired illustrates a failure of
 a. comparable worth
  b. signaling and screening
  c. marginal productivity
  d. supply and demand
  e. specialization

Question 2

Suppose the market for hot pretzels in New York City is perfectly competitive. What is true of demand in this market?
 a. The demand curve facing each seller is perfectly elastic.
  b. The demand curve facing each seller is perfectly inelastic.
  c. The market demand curve is perfectly elastic.
  d. The market demand curve is perfectly inelastic.
  e. The market demand curve is elastic.



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frogdreck123456

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Answer to Question 1

B

Answer to Question 2

A





 

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