The amount a particular purchaser agrees to pay and a seller agrees to accept is known as:
a. cost
b. price
c. market value
d. evaluation value
Answer: b. price
Business
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_____ are persons who work for an organization only when they are needed.
A. On-call workers B. Moonlighting employees C. Apprentices D. Part-time employees E. Trainees
Business
Plans that are designed to help increase efficiency by increasing the productivity of the company's employees and/or lowering the firm's labor costs are known as:
A. equity entitlement plans. B. stock liquidation plans. C. efficiency/productivity ratio plans. D. gainsharing plans
Business