The ________, along with the Employee Retirement Income Security Act (ERISA) controls the operation and administration of employee
a. Fair Labor Standards Act
b. National Labor Relations Act
c. Federal Employment Liability Act
d. Taft-Hartley Act
d
Business
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If a minor ratifies a contract while still being a minor, the contract cannot be disaffirmed
Indicate whether the statement is true or false
Business
The production manager for Beer etc. produces two kinds of beer: light and dark. Two of his resources are constrained: malt, of which he can get at most 4800 oz per week; and wheat, of which he can get at most 3200 oz per week
Each bottle of light beer requires 12 oz of malt and 4 oz of wheat, while a bottle of dark beer uses 8 oz of malt and 8 oz of wheat. Profits for light beer are $2 per bottle, and profits for dark beer are $1 per bottle. What are the optimal weekly profits?
Business