A.) a fair labor market.
B.) anti-poverty regulations
C.) state-owned business.
D.) a smaller middle class.
Answer: A.) a fair labor market.
B. how people, businesses, governments, and societies make choices to cope with scarcity.
All of the following are advantages of decentralization except: Options: a) Decentralization allows managers closest to the operations to make the decisions. b) Decentralization provides managers with excellent training. c) Decentralization helps retain managers. d) Decentralization delegates authority to top managers. [bg_collapse_level2 view=”button-orange” color=”#4a4949″ expand_text=”Show Answer” collapse_text=”Hide Answer” ] The Correct Answer … Read more
a. True
b. False
a. True
a) Deindustrialization
b) Industrialization
c) Centralization
d) Capitalism
a. Managers make decisions in only their areas of expertise.
b. It typically provides excellent training for managers.
c. Decisions made by one manager may not be the best decision for the entire company.
d. Managers work closely with customers.
The economist’s objections to monopoly rest on which of the following grounds? Options: There is a transfer of income from consumers to the monopolist. There is welfare loss as resources tend to be misallocated under monopoly. Only A is correct. Both A and B are correct. [bg_collapse_level2 view=”button-blue” color=”#4a4949″ icon=”arrow” expand_text=”View Anaswer” collapse_text=”Hide … Read more