__________________include necessary resources such as trained workers, appropriate infrastructure, and natural resources.
a. Resource clusters
b. Equity priorities
c. Factor conditions
d. Fund pockets
c. Factor conditions
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If a wage differential is due to any factor other than gender, then it does not violate the Equal Pay Act
Indicate whether the statement is true or false
Three large firms dominate the telecommunication industry of United Canava: AD Telecom Inc., Mystic Telecom Corp., and Total Talk Inc. Instead of cutting prices competitively, these firms have resorted to non-price competition through branding and product differentiation. Which of the following industry competitive structures are these companies most likely in?
A. perfect competition B. monopoly C. oligopoly D. monopolistic competition
Personal trainers cannot complete their work without their clients present because of the ____ feature of services.
A. perishability B. intangibility C. inseparability D. heterogeneity E. tangibility
Depreciation on a personal computer used in the marketing department of a manufacturing company would be classified as:
A. a product cost that is variable with respect to the company's output. B. a period cost that is variable with respect to the company's output. C. a product cost that is fixed with respect to the company's output. D. a period cost that is fixed with respect to the company's output.