Author Question: When wages increase: a. the quantity of labor supplied by an individual always increases. b. the ... (Read 70 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?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

For a complete list of videos, visit our video library