When communication is given from the CEO to his subordinates it is called
a. top down
b. bottom up
c. hub
d. spoke
Ans: a. top down
Economics
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What is the level of openness of the United States economy, based on 2016 data?
A. 13.3 percent B. 23.1 percent C. 52.0 percent D. 63.9 percent E. 77.8 percent
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Why is the pricing outcome of a perfectly competitive firm efficient in economic sense?
What will be an ideal response?
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Perfect competition is a market structure in which there is:
a. a contest among firms to provide good service after the sale. b. competition in product quality. c. rivalry in product design. d. none of these.
Economics
The longer the time period considered, the elasticity of supply tends to: a. decrease
b. remain constant. c. increase. d. converge to zero.
Economics