Specialization of labor occurs when work is assigned based on the:
a. demands of the labor union.
b. skills of the workers
c. experience of the workers.
d. gender of the workers.
b
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Eliza Doolittle hasn't worked in years, and doesn't intend to. What can we clearly conclude about Eliza?
A) She's lazy. B) She's a parasite on society. C) She's not employed. D) She's unemployed. E) All of above are true.
_____________ are the glue that holds any business together, refers to a series of events or activities that take place in a specific time and space, also applies to families with shared commitment over time
a. Metro neighbors b. Value chains c. Traditional tasks d. Triad aims
A demand curve shows how quantity demanded changes as the price changes. It implies that
a. only a change in price can shift a demand curve b. everything else that affects demand is assumed to be constant c. quantity demanded is unrelated to price d. economists are concerned only with money e. it is impossible to show how anything but price affects demand
The Coase Theorem states that the public sector can achieve environmental efficiency, as long as property rights are clearly assigned
a. True b. False Indicate whether the statement is true or false