Multiple Choice Questions  49.Which of the following statements is true about organizational behavior?  A.OB researchers systematically study various topics at a common level rather than at multiple levels. B.It is concerned with the study of people who work independently. C.It does not include the study of collective entities. D.It is less effective in studying people who interact in highly organized fashion. E.It includes team, […]

    59.An allocation of a predetermined amount that is not affected by changes in the activity level of the organizational unit receiving the allocation is called a(n) A.allocation base. B.unitized cost. C.lump-sum allocation. D.cost driver.   60.Lump-sum allocations A.generally changes year after year. B.do not change when the activity levels of any of the user departments change. C.are impacted by the usage of the […]

    127.Correy Inc. reported the following information for 2013: OctoberNovemberDecember Budgeted sales$460,000$440,000$540,000 Budgeted purchases$240,000$256,000$288,000                               All sales are on credit.                               Customer amounts on account are collected 50% in the month of sale and 50% in the following month.                               Cost of goods sold is 35% of sales.                               Correy purchases and pays for merchandise 60% in the month of acquisition and 40% in […]

  101) Bo is available and willing to work but has not actively looked for work in the past month. Bo is ________ of the labor force and is ________. A) part; counted as unemployed B) part; not counted as unemployed C) not part; not counted as unemployed D) not part; counted as unemployed only if he has had a job within the last 12 […]

    31.Which of the following esters is paired with an incorrect IUPAC name for it? a. b. c. d.more than one correct response e.no correct response       32.Which of the following pairings of ester common and IUPAC names is correct? a.ethyl propionate and propyl ethanoate b.propyl acetate and propyl ethanoate c.ethyl butyrate and butyl ethanoate d.more than one correct response e.no correct […]

    51.Nancy weighs 124 pounds and is at an appropriate weight for her height. How much should Nancy weigh at the end of her pregnancy? a.134 to 139 pounds b.140 to 149 pounds c.149 to 159 pounds d.152 to 164 pounds   52.You are counseling a pregnant woman who is experiencing “morning sickness.” To alleviate this condition you tell her to: a.sip juice or […]

  11.1   Technology: An Economic Definition   1) A firm has successfully adopted a positive technological change when A) it can produce more output using the same inputs. B) it produces less pollution in its production process. C) it can pay its workers less yet increase its output. D) it sees an increase in worker productivity.     2) Which of the following is not […]

        34) Based on the above table, if the current price level is 100 and the natural unemployment rate is 5 percent, what is the expected inflation rate? A) 2 percent B) 3 percent C) 5 percent D) 8 percent E) 12 percent   35) Based on the above table, if the current price level is 100 and the unemployment rate is […]

  181.Amonopolistmaximizesprofitsby a.producinganoutputlevelwheremarginalrevenueequalsmarginalcost. b.chargingapricethatisgreaterthanmarginalrevenue. c.earningaprofitof(P-MC)xQ. d.Bothaandbarecorrect. 182.Aprofit-maximizingmonopolistwillproducethelevelofoutputatwhich a.averagerevenueisequaltoaveragetotalcost. b.averagerevenueisequaltomarginalcost. c.marginalrevenueisequaltomarginalcost. d.totalrevenueisequaltoopportunitycost. 183.Foraprofit-maximizingmonopolist, a.P>MR=MC. b.P=MR=MC. c.P>MR>MC. d.MR

  11) If the market in the figure above changes from perfectly competitive to a profit-maximizing single-price monopoly, the amount of the gain in producer surplus is the area ________. A) ABH B) BFGH C) ACG D) BDEH E) ACE   The figure above shows a natural monopoly regulated using a marginal cost pricing rule.   12) In the figure above, an A) efficient output […]