Bargaining does NOT normally occur in
A) vertical business relationships.
B) wages and working conditions under a union contract.
C) posted price markets.
D) the legal system.
C
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Briefly, what are the major causes of export earnings instability for developing countries?
What will be an ideal response?
Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation. A board of directors is responsible for the overall performance of the group. Identify the correct statement from the following
a. The board will be responsible for all decision-making process. b. The board will be in the best position to solve even a minor problem at the coffee plantation. c. The sports gear firm's risk assessment team will also be responsible for assessing market risk for the group's other functional areas. d. Decisions for the publishing house are likely to be taken by the individuals who head it, rather than the board of directors heading the entire group.
Which one factor below does not influence how a resource should be allocated over time to maximize economic efficiency?
a. Guaranteeing sufficient supplies for future users b. The discount rate c. The future marginal net benefit curve d. The current marginal net benefit curve e. The supply of the resource
Monopoly power in a market causes:
A. monopolists to profit. B. governments to never allow them. C. market surplus to be constant D. consumers to gain.