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Which is an example of thinking at the margin? A. figuring out what you will give up and what you will gain by hiring a new worker B. thinking about whether or not to go on a vacation to a warm beach C. drawing plans to build an extra room on an old home D. deciding whether to have a dog or a cat as a pet
Weegy: A. figuring out what you will give up and what you will gain by hiring a new worker User: Who owns the factors of production? A. individuals B. households C. firms D. the market User: A town wants to repair a school in one of its poorest neighborhoods. To pay for it, citizens vote to raise taxes on households and businesses. What social goal best explains this economic decision? A. freedom B. security C. growth D. equity Weegy: The answer is D. Social Equity is the cornerstone of Social Capital, which cannot be maintained for a few at the expense of the many. User: Why are free market economies able to attain economic growth? A. Consumers can purchase all the goods they need, which causes firms to produce more. B. Competition encourages innovation, which causes growth. C. Everyone is acting in their own self-interest, which motivates market growth. D. Firms keep producing incentives to encourage households to purchase more goods. Weegy: D. Firms keep producing incentives to encourage households to purchase more goods. (More)
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Asked 4/6/2013 12:12:59 AM
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What is the main difference between the economies of China and North Korea? A. North Korea is not centrally planned. B. North Korea is privatizing businesses. C. China is privatizing businesses. D. China is not centrally planned.
Weegy: The answer is C. User: What do people supply in return for factor payments? A. innovation, profit, or goods B. land, labor, or capital C. services, goods, or traditions D. innovation, labor, or trade Weegy: The people supply in return for factor payments land, labor, or capital. (More)
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Asked 4/6/2013 12:18:48 AM
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What is one of a labor union’s primary goals? A. to make decisions about the workplace B. to gain promotions for workers C. to keep nonunion workers out of jobs D. to secure its members’ jobs
Weegy: D. to secure its members? jobs User: What is one action an employer can take to lower wage levels? A. Hire only union workers. B. Hire workers with more experience. C. Replace some workers with machines. D. Stop wage discrimination. Weegy: What is one action an employer can take to lower wage levels? C. Replace some workers with machines. User: What is the main activity of a producer cooperative? A. buying products for its members B. selling products for its members C. producing products for its members D. donating products for its members Weegy: Main activity of a producer cooperative is B. producing products for its members. User: What major advantage does a partnership have that a sole proprietorship does not? A. Partnerships combine partners’ assets. B. The business is easy to start up. C. Partners are not responsible for business debts. D. The business is easy to sell. Weegy: A. Partnerships combine partners? assets. User: You want to start a new business in the simplest, cheapest, and fastest way possible. Which kind of business should you form? A. sole proprietorship B. partnership C. corporation D. cooperative Weegy: A. sole proprietorship User: A major advantage of a franchise is that A. the parent company has strict operating standards. B. the franchisee can launch new product lines. C. the parent company provides guidance on running the business. D. the franchisee can choose their own suppliers. Weegy: The answer is: C. the parent company provides guidance on running the business. User: Which of the following would be considered company benefits? A. payments for overtime work B. payments for company events C. payments for unemployment insurance D. payments for health insurance Weegy: D. payments for health insurance It depends on the company one works for. Company benefit programs can change at any time. There are no laws that require companies to maintain any ... (More)
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Asked 4/7/2013 10:46:22 PM
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Emily has been waiting for a promotion to a management position for almost five years. She notices that men fill most of the higher-level jobs in her company. She suspects she is not being promoted because she is female. What term describes this? A. low productivity B. skilled labor C. minimum wage D. glass ceiling
Weegy: D. glass ceiling User: Which law allowed states to pass right-to-work laws? A. Fair Labor and Standards Act of 1938 B. Taft-Hartley Act of 1947 C. Equal Pay Act of 1963 D. Civil Rights Act of 1964 Weegy: B. Taft-Hartley Act of 1947 User: What percentage of the net income earned in the United States is generated by corporations? A. 28 percent B. 45 percent C. 60 percent D. 84 percent Weegy: The answer is A. 28 percent. (More)
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Asked 4/7/2013 10:51:28 PM
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Which of the following is a disadvantage of a sole proprietorship? A. lack of permanence B. high taxes C. legal constraints D. difficult to start up
Weegy: disadvantage of a sole proprietorship A. lack of permanence User: Some critics of the minimum wage say it hurts poor people. What do these critics say will happen when the minimum wage goes up? A. The demand for professional labor will go down. B. The demand for professional labor will go up. C. The demand for unskilled labor will go down. D. The demand for unskilled labor will go up. Weegy: C. The demand for unskilled labor will go down. User: Which of the following is an advantage of a sole proprietorship? A. It is easy to expand if it succeeds. B. It faces few government rules. C. It is easy to get financing to start one. D. It has the lowest federal income taxes. Weegy: A. It is easy to expand if it succeeds. User: Which of the following is a business organization based on the belief that if individuals work together, they can help benefit one another? A. cooperative B. labor union C. limited liability partnership D. general partnership Weegy: Which of the following is a business organization based on the belief that if individuals work together, they can help benefit one another? A. cooperative (More)
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Asked 4/7/2013 10:41:32 PM
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