Antitrust laws are an example of:
A. political forces.
B. social forces.
C. economic forces.
D. the invisible hand.
Answer: A
You might also like to view...
In order to calculate the real interest rate, simply:
A. add the rate of inflation to the nominal interest rate. B. divide the nominal interest earned by the rate of inflation. C. subtract the rate of inflation from the nominal interest rate. D. subtract the nominal interest rate from the rate of inflation.
Stock in Tasty Greens Restaurants is selling at $80 per share with 1 million shares outstanding. Last year, Tasty Greens earned $4 million, of which it retained $2.4 million for future investments. The dividend yield on the stock is
a. 8 percent. b. 2 percent. c. 3 percent. d. 5 percent.
A manager who tries to enhance worker effort by tying workers' compensation to the profitability of the firm is using:
A. spot checks. B. profit sharing. C. piece rates. D. revenue sharing.
If your business earns $200,000 in revenues, has explicit costs of $70,000, and implicit costs of $50,000, your accounting profit is
A. -$80,000. B. $320,000. C. $80,000. D. $130,000.