According to Weatherbe's PIECES framework for problem analysis, a problem that affects revenues or costs is a(n) ________ problem

Which of the following statements is true?

A. Closed-end funds issue an unlimited number of shares as liabilities. B. Open-end funds supply limited number of shares to investors C. Open-end funds need not stand ready to buy back previously issued shares from investors at the current market price for the fund's shares. D. At a given market price, the supply of open-end fund shares is perfectly inelastic. E. The number of outstanding shares of a closed-ended fund may change when the issuing fund chooses to repurchase them.

According to the Equal Pay Act, employers are permitted to pay workers performing the same job different pay rates when the differences are

A. based on demographics. B. Employers can never use differential pay rates. C. based on anticipated lifespan of the worker. D. based on merit, seniority or quality or quantity of production.