Competitive labor markets see firms acting as though the marginal labor cost is constant
Indicate whether the statement is true or false
T
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Immigrant entrepreneurs have founded what portion of semiconductor, computer/communication, and software companies in the U.S.?
A. 5% - 10% B. 10% - 20% C. 20% - 25% D. 25% - 35%
In response to accounting scandals in 2002, the federal government passed legislation requiring among other things that auditors disclose any potential conflicts of interest. What is the name of this legislation?
A) the Kennedy-Lott Act B) the Accountant Reliability Act C) the Sarbanes-Oxley Act D) the 24th amendment to the Constitution
Straight Cut beauty salon merges with Clean-Cut beauty salon. This is an example of
A) conglomerate merger. B) concentration ratio. C) vertical merger. D) horizontal merger.
Equilibrium GDP occurs when total spending equals total output
a. True b. False Indicate whether the statement is true or false