Author Question: When wages increase: a. the quantity of labor supplied by an individual always increases. b. the ... (Read 34 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
When wages increase:
 a. the quantity of labor supplied by an individual always increases.
  b. the quantity of labor supplied by an individual always decreases.
  c. the opportunity cost of leisure time increases.
 d. the opportunity cost of leisure time decreases.

Question 2

Moving decisions downward into functional areas economizes on information and is efficient because a functional department is by definition expert at a subset of the firm's activities.
  Indicate whether the statement is true or false



chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

c

Answer to Question 2

F



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library