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Jennifer Posada
Answers (6)
JP
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What is a monopsony? Explain its three characteristics as applied to a labor market.
On Jul 20, 2024
A monopsony is a market structure in which there is only a single buyer of a good, service, or resource. The three characteristics are: (1)there is only a single buyer of a particular type of labor, (2)the workers providing this type of labor have few employment options other than working for the monopsony, and (3)the firm is a "wage maker" because the wage rate it must pay varies directly with the number of workers it employs.
JP
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One of the ways to analyze a company's financial performance is to compare its performance with those of:
A) the foreign governments.
B) the manufacturers producing their products.
C) the companies in the same industry.
D) the U.S.government.
E) the suppliers of the raw materials.
A) the foreign governments.
B) the manufacturers producing their products.
C) the companies in the same industry.
D) the U.S.government.
E) the suppliers of the raw materials.
On Jul 17, 2024
C
JP
Answered
Which type of trust is designed to take effect on the completion of a specified behavior?
A) Constructive
B) Family incentive
C) Implied
D) Involuntary
E) Living
A) Constructive
B) Family incentive
C) Implied
D) Involuntary
E) Living
On Jun 19, 2024
B
JP
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eBay and Amazon provide "sellers' ratings" information based on the experiences of past buyers. This is to help resolve the adverse selection problem faced by potential buyers.
On Jun 17, 2024
True
JP
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If the internal rate of return (IRR)of an investment is lower than the hurdle rate,the project should be accepted.
On May 20, 2024
False
JP
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Under absorption costing,the product unit cost consists of direct labor,direct materials,variable overhead,and ________.
On May 18, 2024
fixed overhead