Demand That Varies Over Time Is Called ____

question 13

Multiple Choice

Demand that varies over time is called ____.

• A)Static
• B)Dynamic
• C)Stochastic
• D)Deterministic

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Definitions:

Progressive Discipline

A method of employee discipline that applies increasingly severe penalties for repeated offenses.

Respondeat Superior

The legal doctrine that imposes liability on employers and makes them pay for torts committed by their employees within the scope of the employer’s business. Literally translated, it means “Let the master respond.”

Non-delegable Duty

A legal obligation that cannot be transferred to another party and must be performed by the individual or entity to whom it is assigned.

Tort

A private wrong that injures another person’s physical well-being, property, or reputation.