An advantage of conventional job analysis interviews and questionnaires is _____.
A. increased employee understanding of the process
B. lower cost to the organization
C. reduced subjectivity
D. less time to complete the process
A. increased employee understanding of the process
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The supply curve of a public good shows
A) the marginal cost of producing each unit of the good. B) the total quantities that all producers are willing and able to supply at each price. C) the maximum amount suppliers require to produce each quantity of the good. D) the total cost of producing each unit of the good.
Briefly describe why some economists prefer a value-added tax (VAT) to an income tax
As gardeners tried to make their yards places for quiet retreat, sales of backyard fountains increased. What factor affecting demand does this illustrate?
a. income b. market size c. consumer expectation d. consumer taste
Refer to the above graph. The ratchet effect would suggest that:
A. if AD1 moves to AD2, the new equilibrium would be at c. B. if AD2 moves to AD1, the new equilibrium would be at a. C. if AD1 moves to AD2, the new equilibrium would be at b. D. if AD2 moves to AD1, the new equilibrium would be at b.