Author Question: If income doubles and the quantity demanded of good X more than doubles, then good X can be ... (Read 31 times)

cool · **on:** Jul 1, 2018

If income doubles and the quantity demanded of good X more than doubles, then good X can be described as a
a. substitute good.
b. complement good.
c. necessity.
d. luxury.

Question 2

The features of the U-Form of firm organization are
a. workers have trouble developing a high degree of functional expertise
b. it is difficult for employees to share information across positions within a division
c. employee evaluation is simplified by managers having similar skill sets than workers
d. coordination across divisions is simple and does not take much management time