Which of the following would not be considered a state of nature for a business firm?
a. Federal Reserve regulations.
b. Food and Drug Administration regulations.
c. The number of employees to hire.
d. Minimum wage regulations.
e. What other firms charge for price.
C
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Ted was hiring a new financial analyst, and he had several good candidates. He was leaning toward hiring Akiko, a Japanese American woman, because he thinks Asians are better at math. Ted is exhibiting which distortion in perception?
A. racism B. recency effect C. stereotyping D. Pygmalion effect E. self-serving bias
As part of their alliance relationship, Northwest Airlines and KLM Royal Dutch set air fare prices jointly and coordinate flight schedules. Normally, such behavior would be considered harmful to competition, but the U.S
government has granted the two airlines special exemptions from laws concerning: A) intellectual property. B) antitrust. C) jurisdiction. D) licensing. E) arbitration.
With the development of new technology, an organization's failure to store backup copies of vital records off premises is not much of a concern
Indicate whether the statement is true or false.
The exhaustion of remedies doctrine requires that state and administrative remedies be
exhausted before a ยง 1983 action may be filed. a. True b. False