5. skill builder
use the skills introduced on pp. 222-22
how you would respond to the followi
in a meeting. identify which skill you are using:

a. “there's no way people will work sundays without being paid double overtime.”
b. “no consultant is going to tell me how
better manager! ”
c. “i don't think this brainstorming is worth th
most of the ideas we come up with are crazy.”
d. “talking about interest rates reminds a time in the 1980s when this story about president carter was going ”
e. "sorry, but i don't have any ideas about how
cut costs."

Almost 80% of business owners are clueless about the competition, resulting in a) lost market share and customers. b) needless lawsuits. c) uninspired products. d) lack of perseverance

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.