Which of the following statements is true for a long-run supply curve that slopes upward?

A) If total market output is increased, unit costs of production increase.
B) If total market output is unchanged, unit costs of production increase.
C) The total cost of producing 15 units is no larger than the cost of producing 10 units.
D) If total market output is decreased, total costs of production will remain unchanged.

Of the following, which has a positive effect on the computation of cash flow from financing using the indirect method?

A) Increase to Dividends
B) Increase in Accounts Payable
C) Issuing Common Stock
D) Sale of Equipment

The ___ of a selection technique refers to the consistency of results provided by the selection device.

A) validity
B) accountability
C) compatibility
D) reliability
E) sensitivity

Answer the question on the basis of the following information for a pure monopolist: $\begin{array}{c}\begin{array}{ccc}& & \\ \text{ Output }& & \text{ Total Cost }\\ 0& & \$250\\ 1& & 260\\ 2& & 290\\ 3& & 350\\ 4& & 480\\ 5& & 700\end{array}\begin{array}{l}\text{ Product }\\ \begin{array}{c}\text{ Price }\\ \$500\\ 300\\ 250\\ 200\\ 150\\ 100\end{array}\end{array}\end{array}$ At its profit-maximizing output,the given nondiscriminating monopolist:

A) incurs a loss.
B) earns an economic profit of $250.
C) earns a normal profit of $250.
D) earns an economic profit of $150.

Which is a desirable feature for a training program?

A) general learning objectives
B) single delivery method
C) simple content only
D) relevant, timely feedback

If nominal wage rates increase by 5 percent per year and the price level increases by 3 percent per year,which of the following is correct?

A) Real wages will increase by 2 percent per year.
B) Real wages will increase by 3 percent per year.
C) Real wages will decrease by 3 percent per year.
D) Real wages will decrease by 2 percent per year.
E) Real wages will remain constant.

Large amounts of high interest debt on a company's balance sheet signal an ability to take advantage of profitable investment opportunities when they arise because the borrowed funds are available for use by management.

Advantages to using trained job analysts is that they

A) can observe many different incumbents working under different supervisors and in different locations.
B) can read through organizational records and technical documentation and provide information culled from these indirect sources.
C) are more likely to appreciate fully the legal issues associated with conducting job analysis.
D) may also provide more reliable ratings.
E) all of the above