Which of the following statements are true? Check al that apply. A) In the absence of price controls, a shortage puts downward pressure on wages until they fall to the equilibrium B) In this labor market, a minimum wage of 10.50 would be binding C) If the minimum wage is set at 7.50, the market will still be able to reach equilibrium. D.) Binding minimum wages causes cyclical unemployment

Collective bargaining provides for a representative of employees to negotiate with a representative of management over labor issues including wages.true or false?

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.