The features of the U-Form of firm organization are
a. workers have trouble developing a high degree of functional expertise
b. it is difficult for employees to share information across positions within a division
c. employee evaluation is hampered by managers having different skill sets than workers
d. coordination across divisions is essential and is a burden on management
d
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If an individual deposits an amount at a compound interest rate of r% per year for a time period of T years, then:
A) Future Value = (1 - r)T × (Original Principal). B) Future Value = (1 + r)/T × (Original Principal). C) Future Value = (1 - r)/T × (Original Principal). D) Future Value = (1 + r)T × (Original Principal).
In the above figure, if the market was a single-price monopoly rather than perfectly competitive, which area shows the transfer of consumer surplus from consumers to producers?
A) A + B B) C + D C) C + D + E D) E + H