The features of the U-Form of firm organization are
a. workers can easily develop a high degree of functional expertise
b. it is difficult for employees to share information across positions within a division
c. employee evaluation is hampered by managers having different skill sets than workers
d. coordination across divisions is simple and does not take much management time
a
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The yardstick most often used to compare living standards across nations is
a. average production cost per unit b. sales revenue per month c. utility per capita d. output per capita e. imports per year
When a celebrity is endorsing a product, it is usually because the celebrity is enthusiastic about the product.
Answer the following statement true (T) or false (F)
The unemployment rate of:
A. women greatly exceeds that of men. B. whites is roughly equal to that of African Americans. C. managerial and professional workers exceeds that of construction and extraction workers. D. teenagers is much higher than that of adults.
When analyzing the effects of cost shocks, what primarily matters is the shape of
A. the AS curve. B. both the AD curve and the AS curve. C. neither the AD curve nor the AS curve. D. the AD curve.