The owner of a Greek restaurant has accepted a run-of-paper (ROP) advertising rate. This means that the retail advertiser: Multiple Choice may find its ad anywhere in the newspaper, wherever space permits. will not require the newspaper to rerun its ad if production quality is less than desirable. can ensure a choice position in the newspaper by paying the higher ROP rate. is testing the pull rate of two identical size ads with different content for the same product. will be penalized if it decides to pull its ad before the closing date.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided