Answers

UZ

Answered

The marginal product of labor is defined as the change in

A) output per additional unit of revenue.
B) output per additional unit of labor.
C) revenue per additional unit of labor.
D) revenue per additional unit of output.

On Jul 29, 2024


B
UZ

Answered

Briefly describe the two arguments that economists make to defend the practice of resale price maintenance.

On Jul 02, 2024


First, economists do not agree that resale price maintenance reduces competition. Second, economists argue that the practice has the legitimate goal to provide good customer service, which could be considered a public good and thus subject to the free-rider problem.
UZ

Answered

A clergyman of a small inner-city parish has spent time defacing billboards advertising the local casino. Explain his behaviour.

On Jun 28, 2024


The clergyman is participating in destructive consumer behaviour, in this case, anticonsumption or the defacement or alteration of advertising materials as a form of political expression. In effect, he is destroying advertising that he feels promotes unethical acts-in this case gambling.
UZ

Answered

Negative consequences of downsizing might be minimized with greater communication and employee participation.

On Jun 02, 2024


True
UZ

Answered

Which of the following statements is true of the influence of group goals?

A) People who have learned helping behavior in their families and communities do not face difficulties transferring those behaviors to the workplace.
B) There is no evidence suggesting that people change their ethical standards between home and work.
C) When encountering someone in need, many people look the other way because other people's goals or a group's pressures override the need.
D) Employees seldom need to examine how their personal ethics fit into the ethics of the firm.

On May 29, 2024


C