If you put a $20 bill in the pocket of your winter coat at the beginning of spring so that you will be surprised when you find it again next winter, you are using money as:

If the market price is $5 and you are currently producing at a level where average total cost is $3 and falling, you should

a. b or c, it doesn't matter b. shut down c. produce only enough to cover variable costs d. produce where MR = MC e. produce until the average total cost and average revenue are equal

Performance compensation that is tied to outcomes out of the employees' control will provide employees with the incentive to work hard.

Answer the following statement true (T) or false (F)