________ is the only factor of production that needs to be produced.

a. Labor
b. Capital
c. Human resource
d. Natural resources

Answer: d. Natural resources

Business

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Which of the following is NOT a retail layout practice?

A) Locate the high-draw items around the periphery of the store. B) Distribute power items throughout the store. C) Use end-aisle locations to maximize product exposure. D) Use prominent locations for high-impulse and high-margin items. E) All of the above are retail layout practices.

Business

The degree of operating leverage is defined as:

A) the percent change in EBIT over the percent change in sales B) the percent change in EPS over the percent change in EBIT C) the percent change in EPS over the percent change in sales D) the percent change in EBIT over the percent change in EPS E) the percent change in sales over the percent change in EBIT

Business