It is better for business to have (higher, lower, multiple) opportunity cost, as it often gives them a comparative advantage.

The government of a country increased the minimum wage from $21 to $30. A factory owner had to lay off some of his workers because he could not afford to pay all of them. How many people lost their jobs?

Option A costs an initial $2 billion and will involve variable costs (labor and material) of $5 per bottle of spirits. Option B costs an initial $4 billion and will involve variable costs (labor and material) of $3 per bottle of spirits.

According to the humanistic perspective, what motivates individuals A the desire for positive reinforcement B a need to overcome childhood traumas C the drive to become our best selves D a series of basic biological needs

An organization of nations formed to promote the free movement of resources and products among its members and to create common economic policies is called a (n)

A marginal tax rate is: a. the total tax paid divided by the amount of taxable income. b. equal to a worker's income tax bracket. c. applied only to high earners under a progressive income tax system. d.

The direct link between customers and the company is performed by: legal services marketing information chemists environmental chemists corporate management

Limited liability companies are primarily designed to: a. spin off a wholly owned subsidiary b. provide the benefits of the corporate structure to foreign-based entities c.

Does dollar tree employees get a discount

It is difficult to imitate a distinctive competence because: a. its nature might not be understood by competing firms. b. its application will lead to competitive parity. c. it might not be applicable to a competing firms' products. d.

Palmer Music manufactures and sells MP3 players and sound systems that include a 180-day warranty on product defects. The company also sells 2-year extended warranties.