Assume that the British government eliminates all controls on imports by British companies. Other things being equal, the U.S. demand for pounds would ____, the supply of pounds for sale would ____, and the equilibrium value of the pound would ____
a. increase; increase; increase
b. decrease; increase; decrease
c. remain unchanged; increase; decrease
d. remain unchanged; increase; increase
c
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Among business products, legal counsel for patent information for a firm's R&D department would most likely be classified as which type of support product?
A. industrial services B. specialty services C. contractual services D. accessory services E. ancillary services
In an absorption costing income statement, the manufacturing margin is the excess of sales over the variable cost of goods sold
Indicate whether the statement is true or false
Organizations that function as open systems receive input from the environment and often change as a result of that input. This situation represents which of the following organizational worldviews and cultures?
A. Asymmetrical worldview and participative organizational culture B. Asymmetrical worldview and authoritarian organizational culture C. Symmetrical worldview and authoritarian organizational culture D. Symmetrical worldview and participative organizational culture E. None of the above
Sometimes the micro-macro dilemma arises because what is "good" for some producers and consumers may not be "good" for society as a whole.
Answer the following statement true (T) or false (F)