Because banking is very __________-intensive, a bank generally becomes successful if it can __________ the ratio of salary and wages to total assets
A) capital; raise
B) capital; lower
C) labor; raise
D) labor; lower
D
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Benefits of a project
A. can change over time. B. can be difficult to measure. C. should be larger than costs. D. are sometimes intangible. E. all of these answer options are correct.
Joe is self-employed in a store that has a rental value of $500 a month which he pays, but he can vacate the building without giving notice. His other expenses are $100 a month for maintenance. He makes $25,000 a year on net sales (total revenue minus the wholesale cost of the product). If he quit his job and worked the same number of hours elsewhere at a job he liked equally well, he estimates that he could make $20,000 a year. No one else can be hired to work in the store. Joe should
A. work part-time. B. quit his job. C. keep the job. D. It is impossible to say with the information given in the problem.
In the Staples/Office Depot Case, the government:
A. found that Staples had attempted to drive Office Depot out of the market, and so they prosecuted them under the Clayton Act. B. determined that the anticompetitive effects of a proposed merger between the two firms outweighed the potential savings in production costs, and so they blocked the proposed merger. C. found that Office Depot had illegally attempted to monopolize the market. D. found that Staples had illegally attempted to monopolize the market by using tying contracts.
Refer to the information provided in Figure 1.5 below to answer the question(s) that follow.
Figure 1.5Refer to Figure 1.5. Panel A shows a curve with a slope that is
A. positive and increasing. B. negative and decreasing. C. negative and increasing. D. positive and decreasing.