Labor unions may increase worker productivity by facilitating smooth relations between labor and management.
Answer the following statement true (T) or false (F)
True
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The productive resource that organizes labor, land, and capital is
A) capital. B) financial capital. C) human capital. D) government. E) entrepreneurshi
Which entry strategy involves the least commitment with foreign firms?
A) establishing a partnership with a foreign agent or distributor B) a merger with foreign firm C) a joint venture with foreign firm D) master franchising
A tax whose impact varies inversely with the income of the person taxed, and poor people have a higher percentage of their income taxed than rich people, is known as a:
a. regressive tax. b. progressive tax. c. proportional tax. d. flat tax. e. tax holiday.
Which of the following relationships reflect the law of supply?
a. an increase in QS => a decrease in Price b. a decrease in Price => an increase in supply c. an increase in Price => an increase in QS d. a decrease in Price => an increase in QS