Ceteris paribus, the wages of clerks would increase if there was a decrease in:
a. the period of training required for clerk jobs.
b. non-monetary fringe benefits received by clerks.
c. the marginal revenue product of clerks.
d. the cost of medical insurance benefits paid to clerks.
Question 2
Suppose a parent company producing sportswear decides take back some formerly franchised outlets and operate them with its own employees. This form of vertical integration will allow the parent company:
a. to practice price discrimination.
b. to charge a uniform price for its products across the globe.
c. to lower its costs of operation and increase sales.
d. to test operating techniques that might make the franchisees bettor competitors.
A high-performance aftermarket air filter often can increase airflow into the engine for more ...
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