Which one of the following is a source of organizational power?

A. Vision setting
B. Work experience
C. Control of budgets and resources
D. Risk appetite


Answer: C

Economics

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A risk-neutral individual will make investment decisions purely based on net present value because

A) she doesn't care about utility. B) utility is a linear function of wealth. C) she loves to take risk. D) net present value is always more than expected utility.

Economics

Jordan has the following assets and liabilities:Two cars$10,000House$200,000Mortgage$100,000Cash$1,000Car loans$3,000Checking account balance$2,000Credit card balance$1,000 What is the value of Jordan's liabilities?

A. $213,000 B. $100,000 C. $104,000 D. $317,000

Economics

Some economists argue that pure monopolists will purposely avoid the price-output combination that will maximize their profits. Explain how this less-than-maximum profit behavior could be rational

What will be an ideal response?

Economics

The short-run aggregate supply curve has a(n) ________ slope because as prices of ________ rise, prices of ________ rise more slowly

A) positive; final goods and services; inputs B) infinite; final goods and services; inputs C) positive; inputs; final goods and services D) infinite; inputs; final goods and services

Economics