The type of human capital formation that occurs in the business sector is called
A. vocational education.
B. business education.
C. on-the-job training.
D. productivity enhancement.
Answer: C
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When a transfer price is set higher
a. the buying division will want to sell less to the selling division b. the buying division will want to sell more to the selling division c. the selling division will want to sell less to the buying division d. the selling division will want to sell more to the buying division
Utility theory assumes that marginal utility of a good
a. increases as an individual consumes more of the good b. decreases as an individual consumes more of the good c. is greater than total utility as long as total utility is greater than zero d. is constant as long as the individual derives utility from the good e. is greater than total utility as long as marginal utility is greater than zero
Suppose fundamental analysis indicates that XYZ Corporation's stock is undervalued
a. This means its present value is less than its price. You should consider adding the stock to your portfolio. b. This means its present value is less than its price. You shouldn't consider adding the stock to your portfolio. c. This means its present value is more than its price. You should consider adding the stock to your portfolio. d. This means its present value is more than its price. You shouldn't consider adding the stock to your portfolio.
In a monopolistically competitive market, the consumer receives the benefit of
A) production at minimum average cost. B) production where price equals marginal cost. C) product differentiation. D) allocative efficiency.