Managers of profit centers are usually given a lot of discretion because
a. They always do an excellent job
b. They rarely do a good job
c. The company can never judge their performance
d. It is relatively easy to tie management pay to division performance
d
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Suppose we have the following information about a shoe manufacturer: wages $100,000, sales $500,000, taxes $50,000, loan interest $10,000, leather purchases $170,000, rubber purchases $130,000
What is the contribution of this manufacturer to GDP using the income approach? A) $500,000. B) $300,000. C) $200,000. D) $40,000.
When a tax is regressive, as a person's income rises, the tax rate:
a. stays the same. b. decreases. c. increases. d. increase and then decreases. e. decreases and then increases.
The Kyoto Protocols were initially
A. approved by President Bush. B. signed by President Clinton but never approved by the U.S. Senate. C. approved by the U.S. Senate and signed by President Clinton. D. approved by the U.S. Senate but never signed by President Clinton.
In the figure below, if the price of the product increases from $5 to $6, then total revenue would:
A. Increase by $300
B. Decrease by $100
C. Decrease by $300
D. Stay the same