The statement that there is an inverse relationship between x and y means that
a. x causes y
b. y causes x
c. x and y move in opposite directions
d. either y causes x or x causes y
e. there is no causal relationship between x and y
C
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The 5S Management Concept is derived from five ___________ words which when loosely translated into English become five words beginning with the letter "S."
a. Danish b. Japanese c. Russian d. German
Which of the following is a reason there are divisional conflicts over the transfer price?
a. the manager of the upstream division prefers a transfer price that is too high b. the manager of the downstream division prefers a transfer price that is too low c. the corporate headquarters does not have enough information to determine the correct transfer price d. all of the above
A trade union would likely not try to maximize
A. members in the union. B. income received by workers in the relevant industry. C. the number of workers employed in the relevant industry. D. net social welfare.
Refer to the following graph.
With a tariff of $10 a blouse on imported silk blouses from China, the revenue the government would collect from the import of silk blouses from China would be:
A. $20,000. B. $2,800. C. $7,000. D. $0.