Which statement is true?
A. Most strikes cause serious economic disruptions.
B. The threat of a strike provides the motivation necessary to make collective bargaining work.
C. Most labor unions enter collective bargaining hoping for a strike.
D. None of the choices are true.
B. The threat of a strike provides the motivation necessary to make collective bargaining work.
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When there is an improvement in technology, holding all else constant,
a. the production possibilities frontier will shift inward b. society faces larger opportunity costs from shifting productive resources from one use to another c. goods and services will increase in price d. the economy must have some idle resources e. the production possibilities frontier will shift outward
The change in total variable cost which accompanies one extra unit of output is
A) the average total cost. B) the average variable cost. C) the average fixed cost. D) marginal cost.
What are the measures of performance for investment centers? How do they work?
What will be an ideal response?
Consumption spending includes spending on durable goods, nondurable goods, and services
Indicate whether the statement is true or false