Personnel economics is
A) the study of how workers are affected by tax law changes.
B) the application of economic analysis to the hiring decision.
C) the application of economic analyses to human resource issues.
D) the study of the factors that determine wage rates.
C
Economics
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Using the data in the table above, with y measured on the vertical axis, the slope of the line relating y to x is
A) 1/3. B) 1. C) 3. D) 6.
Economics
Tommy's Tires operates in a perfectly competitive market. If tires sell for $50 each and ATC = $40 per tire at the profit-maximizing output level, then in the long run
a. more firms will enter the market b. some firms will exit from the market c. the equilibrium price per tire will rise d. average total costs must fall e. marginal revenue will rise
Economics