An example of organizational architecture based on customer location is when divisions are defined as
a. R&D, Engineering, Production, Marketing, Sales
b. Component 1 Plant, Component 2 Plant, Component 3 Plant, Final Assembly
c. Store 1, Store 2, Store 3, Region A, Region B, Sales Division
d. Business Customers, Educational Customers, Household Customers
c
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At a fair carnival roulette wheel, a player can either win $10, $30, or $80 . Assuming a rational player, how much should the game owner charge the player, to maximize his own profit?
a. $30 b. $40 c. $50 d. $80
Public goods are overproduced in the marketplace
a. True b. False Indicate whether the statement is true or false
The optimal degree of abstraction depends on the objective of the analysis
a. True b. False Indicate whether the statement is true or false
Which of the following is not a cost of taxes to taxpayers?
a. the tax payment itself b. deadweight losses c. administrative burdens d. goods and services provided by the government