The text lists all of the following as outcomes of McDonald's experimental adoption of remote order taking except:
A) a decrease in accuracy in filling orders.
B) increased speed at the drive through window.
C) an increase in the costs associated with the drive-through portion of McDonald's business.
D) employee dissatisfaction with constant monitoring and the stress of the process.
C
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The market for airplane service on a particular route is a commonly cited example of
a. resale price maintenance. b. monopolistic competition. c. the benefits of vertical integration. d. a contestable market.
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Unemployment would cause an economy to
a. produce inside its production possibilities frontier. b. produce on its production possibilities frontier. c. produce outside its production possibilities frontier. d. experience an inward shift of its production possibilities frontier.
If the wage exceeds the value of the marginal product of labor, then hiring another worker
a. decreases the firm's total revenue. b. increases the firm's profit. c. decreases the firm's total cost. d. decreases the firm's profit.