A firm might offer efficiency wages in order to attract a better pool of applicants
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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A hot dog vendor on a street corner could increase the quantity of hot dogs her customers demand by 12 percent if she lowers the price of a hot dog 10 percent. The demand for the hot dogs is
A) cross elastic. B) arc elastic. C) unit elastic. D) elastic.
Economics
A landscaper purchases a lawnmower, a rake, a truckload of gravel, and a chainsaw. Which of these four goods would most likely be considered as a commodity?
(A) A rake (B) A truckload of gravel (C) A chainsaw (D) A lawnmower
Economics