Business managers are people who:

A. entertain the workers.
B. own the physical capital used in production.
C. run businesses on a day-to-day basis.
D. engage exclusively in business travel.


Answer: C

Economics

You might also like to view...

If a cartel firm is producing a quantity at which the marginal revenue is $4 and the marginal cost is $4, the firm ________.

A) is producing less than the agreed upon quantity B) is producing the agreed upon quantity C) has erected a barrier to entry D) has acted in self-interest

Economics

The economizing problem is essentially one of deciding how to make the best use of

What will be an ideal response?

Economics

All of the following are arguments in favor of restricting trade EXCEPT

A) comparative advantage. B) protecting domestic jobs. C) protecting emerging industries. D) dumping.

Economics

If the United States and Mexico trade Budweiser for Modelo beer, what type of trade does this represent?

What will be an ideal response?

Economics