Which of the following is FALSE about firms organized along functional lines?
a. Workers develop functional expertise
b. Workers can easily share information within their division
c. They foster the exploitation of economies of scale
d. None of the above
d
Economics
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Refer to the figure above. What is the absolute value of the arc elasticity of demand when the price decreases from $5 to $2?
A) 0.64 B) 1.25 C) 1.75 D) 2
Economics
According to the National Bureau of Economic Research, the United States has experienced ________ recessions since 1950
A) 4 B) 7 C) 10 D) 15
Economics