What do we mean by the Mform?
What will be an ideal response?
The Mform refers to the multidivisional form of an organization, which groups jobs into a collection of business units based on product or geographic area. For example, the Eastern division and the Western division of a company will both have business units serving customers within their geographic areas.
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As their respective names imply, monopoly and monopolistic competition are the most similar of the four market structures
Indicate whether the statement is true or false
Which of the following best explains an economic criticism of unregulated monopolists?
a. Monopolists do not try to minimize their costs of production. b. Monopolists produce where marginal revenue is greater than marginal costs. c. Monopolists attempt to produce too many products, and as a result, their prices are high, and consumer's waste time trying to choose between too many options. d. Monopolists restrict output, and as a result, they fail to produce units that are valued more than the marginal cost of producing them.
The person most closely associated with a conservative theory of poverty is
A. Charles Murray. B. William Julius Wilson. C. Frances Fox Piven. D. Barbara Ehrenreich.
If injections exceed leakages,
A. The economy will expand. B. Unemployment will rise. C. Disposable income will fall. D. Prices will fall.