Biology Forums - Study Force

Variable costs
 A) do not vary with price.
  B) do not vary with output.
  C) vary with price.
  D) vary with output.

QUESTION 2

Wage differentials between individuals may be partly explained by:
 a. differences in education.
 b. differences in productivity.
  c. discrimination.
 d. all of the above.

QUESTION 3

What are typical components of executive compensation and how do they resolve principal/agent problems between shareholders and executives?

QUESTION 4

Fixed costs
 A) do not vary with output
  B) vary with output
  C) do not vary with price
  D) vary with price

QUESTION 5

A relatively larger proportion of ____ work in unskilled jobs with lower pay than do ____.
 a. females; Caucasian males
 b. nonwhites; Caucasian males
  c. Caucasian males; females
 d. Both (a) and (b) are correct.

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