The BankInc case shows the potential of shifting from ________ tasks to ________ task assignments.
A. broad; specialized
B. broad; functional
C. functional; geographic
D. specialized; broad
Answer: D
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Describe the difference between technology and positive technological change
What will be an ideal response?
A current worker may save more towards retirement so that he or she will have more to leave his or her children later. This altruistic motive is known as the
A. altruism effect. B. bequest effect. C. income effect. D. savings effect.
Compared to the Erie Canal, the primary disadvantage of Pennsylvania canals was
a. state government resistance to providing funds for canal building. b. the steep, mountainous terrain of Pennsylvania. c. a pre-existing network of railroads in Pennsylvania. d. lack of adequate rainfall in Pennsylvania.
As you move down the production possibility frontier, the absolute value of the marginal rate of transformation
A. increases. B. initially decreases, then increases. C. decreases. D. initially increases, then decreases.