A division of a firm is
a. a logical sub-organization of the firm
b. a level within the firm in which a large degree of autonomy is vested
c. a level of hierarchy within a firm that defines the scope of a manager
d. all of the above
a
Economics
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If the required reserve ratio was 25 percent, a bank that received currency deposits of $16,000:
a. could now issue $64,000 of new loans. b. could now issue $16,000 of new loans. c. could now issue $12,000 of new loans. d. could now issue $4,000 of new loans.
Economics
For a monopolist
A) marginal revenue is less than price. B) marginal revenue equals price. C) marginal revenue is greater than price. D) marginal revenue equals average revenue.
Economics