The three legs of the organizational stool are reward systems, performance-evaluation systems, and

A. communication.
B. market structure.
C. decision rights.
D. sunkcosts.

Answer: C

Economics

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A firm's demand curve for labor shifts when the

a. price of its output changes. b. wage rate changes. c. number of available workers changes. d. All of the above are correct.

Economics

If demand curve D2 represents a monopolistic competitor and demand curve D3 represents a monopoly, then


A. the monopolist has a more elastic demand curve than the monopolistic competitor.
B. the monopolistic competitor has a more elastic demand curve than the monopolist.
C. the monopolist and the monopolistic competitor have identical elasticity in their demand curves.
D. None of these choices are true.

Economics