The features of the U-Form of firm organization are
a. workers have trouble developing a high degree of functional expertise
b. employees can easily share information across positions within a division
c. employee evaluation is hampered by managers having different skill sets than workers
d. coordination across divisions is simple and does not take much management time
b
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Jane is willing to pay $4 for the first cup of coffee a day, $2.50 for the second cup, and $1 for the third cup, after which she won't buy any coffee. The price of a cup of coffee is $2.40. How many cups of coffee per day will Jane buy?
A) 1 B) 2 C) 3 D) None
M1 money includes all but which one of the following?
a. Savings accounts b. Paper money c. Coins d. Checkable deposits
The price of gold is 300 U.S. dollars per ounce in New York and 435 Canadian dollars per ounce in Toronto, Canada. If the law of one price holds for gold, the nominal exchange rate is ________ Canadian dollars per U.S. dollar.
A. 0.333 B. 1 C. 0.690 D. 1.45
When supply increases and the supply curve shifts to the right, equilibrium price ________ and equilibrium quantity ________.
A. increases; increases B. increases; decreases C. decreases; increases D. decreases; decreases