If a firm increases its activity level,
a. costs should remain the same.
b. most costs will rise.
c. no costs will remain the same.
d. some costs will change, others will remain the same.
Answer: d. some costs will change, others will remain the same.
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The relative decline of the developed countries' share of the world output _________________________
Fill in the blank(s) with the appropriate word(s).
Employee involvement and participation (EIP) management is a method of management where ________
A) representatives of workers form work councils and these councils must be consulted when management makes decisions about employees B) few representatives of workers sit on a company's board of directors C) subordinates share a significant degree of decision-making power with their immediate superiors D) low-level workers meet occasionally with the CEO to discuss problems within their department E) low-level workers are responsible for making corporate policy decisions