Erosion of the U.S. manufacturing base is reflected in the sharp increase in labor union membership in the last decade
Indicate whether the statement is true or false
FALSE
Business
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Ashley opened an all-you-can-eat buffet restaurant. The price per-person was based on what Ashley believed an average restaurant patron would consume. The restaurant began to lose money
Ashley concluded that her patrons had "above average" appetites, and were attracted to her restaurant because they could eat as much as they wanted while being charged an average price. A similar phenomenon exists in insurance markets. This problem is called A) legal hazard. B) adverse selection. C) attitudinal hazard. D) nondiversifiable risk.
Business
Assets = Liabilities + Owners' Equity is the fundamental ________ equation
A) asset B) accounting C) mathematical D) corporate E) profit
Business