In market-directed economies, unregulated monopolies are rare.

Answer the following statement true (T) or false (F)


True

Monopoly situations, in which one firm completely controls a broad product-market, are rare in market-directed economies.

Business

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Closely related to the Pygmalion effect is the Galatea Effect where low expectation leads to reduced performance.

Answer the following statement true (T) or false (F)

Business

__________________________ was the first piece of legislation to give unions a legal right to exist.

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

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Usually, unsecured creditors receive most of what they are owed in a Chapter 7 bankruptcy

Indicate whether the statement is true or false

Business

A wireless LAN without connections to wired users and using special wireless protocol is known as

a. cable extension b. access point c. ad hoc d. none of the above

Business