Cheap talk works at placing workers in the right job as long as
A) the interests of the worker and the firm coincide.
B) all workers want the most demanding jobs regardless of their abilities.
C) workers have different ability levels that are unknown to firms.
D) firms are not profit maximizers.
A
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The slope of a budget line: a. is the negative of the price ratio, -PX/PY b. depends on income
c. depends on preferences. d. is positive.
In recent years the impact of bracket creep has been limited by the
What will be an ideal response?
Which of the following is considered a nonrenewable natural resource?
A. Wind. B. Timber. C. Oceans. D. Tin.
There are fewer than half as many publishers of college textbooks in the United States now as a generation ago. Three companies alone account for almost two-thirds of the sale of new textbooks. This market situation characterized by very few sellers is
known as A) an oligopoly. B) perfect competition. C) pure monopoly. D) monopolistic competition.