Which of the following does an efficiency wage primarily aim to combat?
a. consolidation of a minimum wage
b. formation of unions
c. dereliction of duties
d. rising inflation
c. dereliction of duties
Economics
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____________ also known as cash cards are computerized banking transactions, they remove money directly from your account
a. Credit cards b. Debit cards c. Smart cards d. Access cards
Economics
A monopolist can earn economic profits in the long run because
A) a monopoly is by definition large, and this gives it the ability to make large profits. B) a monopoly makes the good or service better than anyone else. C) barriers to entry prevent new firms from entering the industry. D) monopolies can legally force people to buy their products and to pay more for them than they are worth.
Economics