A Markov analysis is primarily used to ________

A) predict the long-term employment needs in an industry
B) assess the productivity and tenure of a job applicant
C) forecast the availability of internal job candidates
D) analyze the effectiveness of recruitment sources

Answer: C

Business

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Which of the following markets is most likely to be an oligopoly?

A) household appliances B) local utilities C) the retail trade D) the market for agricultural products E) stock markets

Business

The cost of draining sap out of a maple tree to manufacture maple syrup and maple sugar is an example of:

A. After-split-off costs. B. Sunk costs. C. Incremental costs. D. Joint costs.

Business