Which of the following is asserted by the Equal Pay Act of 1963?
a. Men and women who perform the same amount and type of work at a company must receive the same pay.
b. Men and women who have the same education and skills must receive the same pay from an employer.
c. Men and women who have the same amount of job experience must receive the same pay and promotion opportunities.
d. Men and women who perform similar tasks at different companies must receive the same pay.
a. Men and women who perform the same amount and type of work at a company must receive the same pay.
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NetJets, which is the first time-share program for aircraft, cuts transaction costs by:
a. providing economic service to its passengers. b. being responsible for crews, maintenance, and compliance with Federal regulation. c. reducing the time taken for traveling between destinations. d. allowing owners to transfer their shares, change the size of their shares, and purchase shares of other planes.
The more restrictions an airline puts on tickets, the ______.
a. more expensive they are b. cheaper they are c. more competition there is for them d. easier it is to sell them
McDonald's is a fast-food restaurant chain. Which of the following would be a long-run decision for McDonald's?
A) open a new restaurant in a city B) hire one more worker in a restaurant location C) supply more hamburgers in one restaurant D) replace the manager of a restaurant