Author Question: _____ is defined as time worked in excess of 40 hours in one week. A) Comp time B) Overtime C) ... (Read 19 times)

Coya19@aol.com · **on:** Jul 14, 2018

_____ is defined as time worked in excess of 40 hours in one week.
A) Comp time
B) Overtime
C) Extended time
D) Duty time
E) Double time

Question 2

When Toyota experienced declining sales, it began offering price incentives to new car buyers. Nearly immediately, Ford and General Motors began similar promotions. These businesses:
A) represent an oligopoly in which there are few sellers, and sellers often match the prices of competitors.
B) represent a monopoly in which only one firm supplies a product or products.
C) are engaging in monopolistic competition in which there are many buyers as well as a relatively large number of sellers that differentiate their products from those of competitors.
D) are engaging in pure competition, in which no single seller is powerful enough to affect prices.
E) are engaging in monopolistic competition, in which the products are very similar.