When a supervisor administer a questionnaire among participants that have never met it is called
a. brainstorming
b. sampling
c. delphi technique
d. groupthink
Answer: c. delphi technique
Economics
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The short-run demand curve for labor for a firm in any type of market for its output coincides with
a. the upward sloping portion of the marginal revenue product curve. b. the downward sloping portion of the marginal revenue product curve. c. the downward sloping portion of the marginal product curve. d. the marginal labor cost curve.
Economics
Costumarily, economists classify resources in to these major groups:
What will be an ideal response?
Economics
By hedging with futures, buyers and sellers are eliminating basis futures price level risk and assuming level risk.
a. true b. false
Economics
Use the above figure. The AVC at output 5 is
A. $5.00. B. $35.00. C. $3.00. D. $2.00.
Economics