(Last Word) The inverse dependency ratio is predicted to fall to about 1.16 by 2050. What is the most likely effect of this decline?
A. It will likely cause worker productivity to decline.
B. The Social Security system will be on stronger financial footing.
C. Innovation will increase significantly as dependents take advantage of their otherwise idle
time.
D. Living standards will fall if productivity gains don't sufficiently offset the decline in the ratio.
D. Living standards will fall if productivity gains don't sufficiently offset the decline in the ratio
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Supermarkets will frequently not carry the products of food processors unless the processors pay fees to the supermarkets because
A) supermarkets are cartels. B) supermarkets often dominate the geographic areas in which they sell. C) supermarkets stand between the food processors and the ultimate consumers. D) supermarket shelves are scarce goods. E) supermarkets typically have more bargaining power than food processors.
An HVAC company is selling heating and cooling equipment. Between its sales staff and the VP of Marketing, the sales staff would want to
a. Price aggressively to ensure sales are made b. Price less aggressively to ensure that profitable sales are made c. Price at cost to minimize sales d. None of the above