Higher efficiency in the economy can be reached if prices are held low by law
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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In a competitive labor market, what is the profit-maximizing number of workers that a firm will hire?
What will be an ideal response?
Economics
Managers of profit centers earn more when their divisions
a. increase their sales and decrease their costs a. decrease their sales and increase their costs b. increase the costs of the components for which they are responsible c. none
Economics