In San Francisco, the typical pay in the installation, maintenance, and repair occupation exceeded the national average by 44 percent. In Johnstown, Pennsylvania, the rate was 9 percent less than the national average. What do these statistics represent?

A) capital intensity effects
B) pay rate differentials
C) interindustry wage differentials
D) relative pay differentials

Answer: D

Business

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A written instrument or something of value given to a disinterested third party to hold, but which is to be turned over to a party upon satisfaction of specified conditions is an example of:

a. a bond b. a deed of trust c. an escrow d. an assignment

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Which of the following statements is true about a monetize-cash-flow defensive strategy?

A) It operates with minimal marketing resources. B) It is used when an optimize position strategy is viable. C) It allows a business to exit a market quickly. D) It is used by a business to exit the market slowly. E) It aims to extract the maximum long-run cash flow from the market.

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