An organization with hierarchy
A) is needed to define property rights between knowledge workers.
B) remains an effective way to manage knowledge workers.
C) is not an effective way to manage knowledge workers.
D) none of these choices.
C
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Which of the following scenarios would be considered an investment according to economists?
A. The owner of a fishing company buys Google shares. B. The owner of a fishing company buys new fishing gear. C. The owner of a fishing company buys fuel to run the boats. D. A fishing company buys a few boats from another fishing company that was shutting down.
The cumulative distribution function for a standard logistic random variable is a decreasing function.
Answer the following statement true (T) or false (F)
At the output rate at which diminishing marginal product begins, a firm will experience
A. increasing marginal costs. B. constant average total costs. C. increasing average fixed costs. D. decreasing average variable costs.
This graph shows the marginal cost and marginal benefit associated with roadside litter clean up. Assume that the marginal benefit curve and marginal cost curve each have their usual slope. 
The socially optimal number of bags of litter removed from the roadside each day is:
A. 20. B. 15. C. 10. D. 30.