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As the Assistant Human Resources Manager, you have access to the employment files of all of the employees, including management. You have inadvertently learned that the Vice President of Sales has tested positive for the HIV virus. You know that he is married, but doubt that he's told his wife. What should you do?
Other-Things-Equal Assumption
The assumption that factors other than those being considered are held constant. Also known as the ceteris paribus assumption.
Supply
The total amount of a specific good or service that is available to consumers at current prices.
Excise Tax
A tax imposed on specific goods, services, or activities, such as tobacco, alcohol, and fuel, usually intended to discourage their use or generate revenue.
Demand and Supply
Economic model that determines the price of a good in a market, based on the desire and availability of the good.
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