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Chris M.
Chris M., M.S.W. Social Work
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92) Which of the following is correct about litigating commercial

Resolved Question:

92) Which of the following is correct about litigating commercial disputes?

A. Nearly all states have specialized trial courts that hear commercial disputes.

B. Commercial disputes, because of their specialized nature, are first heard at the appellate court level.
C. A few states have established specialized trial courts for commercial disputes.

D. In all states, commercial disputes must be heard in a limited-jurisdiction court.

E. Businesses generally dislike the concept of specialized trail courts for commercial disputes because the large numbers of consumers who sue businesses in these courts have led the judges to become generally biased against business.
93) When movie ticket prices increase, families tend to spend less time watching movies and more time at home watching videos instead. This best reflects:

A. diminishing marginal utility.

B. the income effect.

C. the rationing function of markets.

D. the substitution effect.

94) When an economist says that the demand for a product has increased, this means that:

A. quantity demanded is greater at each possible price.

B. firms make less of the product available for sale.

C. consumers respond to a lower price by buying more.

D. the demand curve becomes steeper.

95) The force behind globalization in _____ was the amount of muscle, horsepower, wind power, or steam power that a country could deploy.

A. Globalization 1.0

B. Globalization 2.0

C. Globalization 3.0

D. None of these

96) _____ is the integration of economic, social, cultural, and ecological facets of life, enabled by information technologies.

A. regionalization

B. nationalization

C. globalization

D. business environment

97) The costs of delivering products in the _____ channel are much higher than delivering products in the _____ channel.

A. e-commerce, digital

B. digital, e-commerce

C. digital, physical

D. physical, digital

E. physical, financial

98) The use of a(n) _____ serves as a comparison to assess the existence and potency of the manipulation.

A. Experimental group

B. Field experiment

C. Control group

D. Criterion variable

E. Explanatory variable

99) Companies normally budget marketing research at ________ percent of company sales.

A. 1 to 2

B. 10 to 12

C. 2 to 3

D. 4

E. 6.5

100) The quartile deviation is:

A. The square root of the variance.

B. Appropriate only for symmetric distributions.

C. Based on the middle 50 percent of the observations.

D. In squared units of the original data.
Submitted: 6 years ago.
Category: Homework
Expert:  Chris M. replied 6 years ago.

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