A key to motivating people in a business entity is to remember that each person:

A. tends to act in his/her own self-interest.
B. tends to be very lazy.
C. follows the rules of ethics popularized by their professional societies.
D. tends to follow orders unless a strong reason is given to behave otherwise.


Answer: A

Economics

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The figure above shows the supply and demand for pizza

a. What is the efficient level of output? b. If 70,000 pizzas are produced, what area represents the deadweight loss? c. Why does the deadweight loss in part (b) occur? d. If 20,000 pizzas are produced, what area represents the deadweight loss? e. Why does the deadweight loss in part (d) occur?

Economics

Equalization of resources across school districts would be less of a concern if _____

a. there was no link between spending and achievement b. there was a strong link between spending and achievement c. classroom teachers were better paid d. taxpayers were willing to spend more

Economics

Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been chosen as the base year. In 2012, the basket's cost was $80.00; in 2013, the basket's cost was $84; and in 2014, the basket's cost was $87.60 . The value of the CPI was

a. 100 in 2012. b. 105 in 2013. c. 109.5 in 2014. d. All of the above are correct.

Economics

Nearly _____________ of the world's people have never made a phone call.

Fill in the blank(s) with the appropriate word(s).

Economics