Labor resistance can be a major impediment to increased productivity in many firms
Indicate whether the statement is true or false
TRUE
Economics
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Who developed the school of thought known as utilitarianism?
a. Jeremy Bentham b. Dean Karlan c. Adam Smith d. Karl Marx
Economics
Use the following graph to answer the next question.
If the industry were perfectly competitive, the market price would be
A. $16. B. $14. C. lower than $8. D. $8.
Economics
Which of the following is an example of monopoly?
A. Local utility industry in a small town B. Bread industry in New York City C. Shoe industry in the United States D. Newspaper industry in New York City
Economics
Refer to the above graph. A budget deficit would be associated with GDP level:
A. L. B. K. C. J. D. no GDP level.
Economics