A small firm's __________ usually has the task of getting to know the loan officers of local banks

Describe and explain the real business cycle theory

What will be an ideal response?

An employee who has worked with only one organization all her life, and is now close to her retirement age, is unlikely to find an equally profitable position with another company because:

a. her productivity is very low. b. her firm-specific capital is of little use to other organizations. c. other organizations can not verify her previous work record. d. her preference for leisure is likely to be very high.