Union membership as a percentage of the civilian labor force is lower in the United States than in Germany or Japan
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
If children go to school and become productive members of society,
A) a negative externality is created by the schools. B) a positive externality is created by the schools. C) no externality is created by the schools. D) an externality is created that may be positive or negative.
New England's exports went primarily to
a. the United Kingdom. b. continental Europe. c. the West Indies. d. Africa.
Marginal cost typically ________ and marginal revenue typically _________ with increasing output
a. rises; falls b. falls; rises c. rises; rises d. falls; falls
A manager invests $400,00 . in a technology to reduce overall costs of production. The company managed to reduce their cost per unit from $2 to $1.85 . After a year, the manager has an opportunity to outsource production to another company at a cost per unity of $1.75 . If you are the manager, you
a. should consider the $400,00 . as sunk cost and therefore it should not be relevant to the decision. b. should base your decision upon economic profit and not accounting profit c. should avoid the fixed-cost fallacy d. all the above