Lou asks mark, a cobbler and shoe salesperson, to repair a pair of work boots. there is no discussion of a price, and lou and mark do not sign any documents. after the repair, mark hands lou a bill. with respect to lou's obligation to pay the bill, this is

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses.

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

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.