Representativeness is a problem when the researchers cannot be sure the consumer population they are studying even understands the questions

Indicate whether the statement is true or false

FALSE

Business

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The inherent power of state governments to regulate economic and social relationships for the welfare of all citizens is known as police power.

a. true b. false

Business

Last month a company produced 1000 items/10,000 person hours and this month they produced 1000 items/9,000 person hours. Dividing the productivity savings between company and employees is an example of

a. gainsharing. b. profit sharing. c. a piece-rate plan. d. a variable-pay plan. e. recognition program savings.

Business