Question 5
figure: labor market 1
price per
hour
0
20 40 60 80 120 140 160
hours of work
(millions)
reference: ref 5-4 (8-4)
(figure: labor market 1) if there is a price floor set at $9, how much deadweight loss is created, if any?
a. $15 million
b. there is no deadweight loss.
c. $30 million
d. $60 million

Blank is the internal operation that arranges information resources to support business performance and outcomes

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Which of the following statements is true of the balanced-scorecard? a. it is a more or less a one-dimensional metric of measuring competitive advantages of a firm. b. it is one of the traditional approaches of measuring firm performance. c. its primary focus is to base a firm's strategic goals entirely on external performance dimensions. d. it attempts to provide a holistic perspective on firm performance.