List the competitive forces in the five competitive forces model
What will be an ideal response?
The five competitive forces are
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The magnitude of the slope of an indifference curve is the marginal
A) rate of substitution. B) rate of relative prices. C) utility of substitution. D) rate of utility of income.
Which of the following groups would not be considered part of the labor force?
a. U.S. senators b. Self-employed individuals c. Individuals who are employed five hours (or less) per week d. Individuals who have given up looking for work because they have been unable to find a job e. Social Security recipients who work part time
Research has shown that the chances of one vote making a difference in an election is:
A. 0.10 %. B. 99.999 %. C. 0.01 %. D. 0.001 %.
Which of the following types of income are subject to FICA taxes?
A. Capital gains B. Tips C. Interest income D. Inheritance