Paula is in charge of maintaining good relationships between her organization and local government, business leader groups, and the general public. Paula's responsibilities can be called . a. public relations b. advertising c. sales promotion d. personal selling e. press coordination

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.