The manager of View Your World, a high-end window manufacturer, notices that the cost to distribute their windows in the spot market has risen. As a result of the change, which of the following is true?
A) The manager has more of an incentive to integrate forward.
B) The manager has more of an incentive to integrate backward.
C) The manager has less of an incentive to integrate backward.
D) The manager has less of an incentive to integrate forward
A) The manager has more of an incentive to integrate forward.
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A good example of land resources is
a. a steel billboard on an interstate highway b. water c. wood-based furniture d. machinery made from iron ore e. buildings located on prime real estate
Other things equal, granting unemployment benefits or welfare benefits to striking workers
A) reduces the likelihood of a strike since management will be more cooperative. B) reduces the costs of a strike to workers and will increase their willingness to strike. C) reduces the likelihood of a strike since union workers make wages significantly above unemployment benefits or welfare payments. D) increases the willingness of management to permit a strike.