Which of the following is an advantage of an in-kind transfer in comparison to a cash payment?
a. In-kind transfers cost less to administer than cash transfers.
b. In-kind transfers restrict the use of the benefit; thus, recipients receive necessities such as food and health care.
c. In-kind transfers are more efficient than cash transfers.
d. In-kind transfers give the recipient more utility than cash transfers.
b
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Among the different stages of red wine production (selection of grapes, crushing, fermentation, blending and fining, adding preservatives, filtration and bottling), the first stage-selection of grapes is called the downstream and the final stage-packaging/bottling is called the upstream
Indicate whether the statement is true or false
When a firm divests itself of an unrelated business to focus on it core competency, the firm is
A) using economies of scope to cut costs. B) downsizing. C) outsourcing. D) market sharing.