Price Chopper is functioning well because they have the right mix of cashiers, stockers, baggers, and shift managers on every shift. Their success is because of ______.

a. group composition
b. group functionality
c. group norms
d. the fact that they are a team


a. group composition

Business

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Suppose another breakthrough in computer technology greatly increases total factor productivity. Explain how this would affect aggregate supply, output, and the price level in the short run and the long run.

What will be an ideal response?

Business

The requirement that U.S. firms using LIFO for tax reporting purposes must also use LIFO for financial reporting purposes is called the _____ rule

a. financial/tax conformity rule b. income tax conformity c. last-in, first-out method d. LIFO conformity e. cost-flow conformity

Business

A retailer can generate channel control through each of the following strategies except _____

a. bargaining power due to many purchases from a manufacturer b. private brands c. the threat of switching vendors d. franchising

Business

A written contract for a transfer of land is usually enforceable

Indicate whether the statement is true or false

Business