If inflation is 3% but wages rise by 5% and there are no additional inflationary expectations, what is the rate of increase in labor productivity?

a-8%

b-2%

c-3

d-5%

When a monopolistically competitive market opens up to international trade, each firm produces a greater quantity of output than it did before. Explain why this is

Fisher-Price employees were engaged in experimental research when they observed, from behind a mirror, children playing with soap bubbles and decided to build a toy lawn mower that spewed soap bubbles. a. Trueb. False

Which of the following is true of services? A) They focus on establishing short-term relationships. B) Insurance and haircuts are examples of tangible products. C) They include intangible products like medical care.

According to the principles of scientific management, the best way to improve productivity is to: establish open two-way communications among all of the organization's employees and managers.

The total debts of you and your spouse include the following: mortgage, $200,000; auto loan, $16,000; credit card balance, $2,000; and personal debts of $4,000. Further, you estimate that your funeral will cost $6,000.

Steve is a fan of the los angeles lakers basketball team. with little provocation, he will engage you in a debate about whether it is the greatest team in basketball. what may steve be demonstrating

Sally and Alicia are equal general partners In a business. They are content with their current management and tax situation but are uncomfortable with their unlimited liability.

The philosophical leaders of the quality movement, Philip Crosby, W. Edwards Deming, and Joseph M. Juran, had the same general message about what it took to achieve outstanding quality. Which of the following was not part of that message? A.

Joe Keho and Mike McLain share income on a 6:4 basis. They have capital balances of $90,000 and $70,000, respectively, when Linda Ronstadt is admitted to the partnership.

Suppose an initial investment of $100 will return $50/year for three years (assume the $50 is received each year at the end of the year). Is this a profitable investment if the discount rate is 20%