Which of the following is FALSE about firms organized along functional lines?
a. Workers develop functional expertise
b. Workers can easily share information within their division
c. They inhibit the exploitation of economies of scale
d. None of the above
c
Economics
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Assets minus liabilities equals
A) implicit costs. B) accounting profit. C) economic profit. D) net worth.
Economics
Considering open market operations, which of the following observations is incorrect? a. it can be implemented quickly and cheaply
b. it can be done quietly without a lot of political debate c. it is potentially the most powerful tool to control the supply of money. d. it is the most important method now used to control the supply of money.
Economics