If employees cannot accept a job because of the costs of moving this is known as ?

Related Mcqs:

1. An unemployed salesperson has been offered a job paying Rs500 a week. He turns that job down and continues to search for another job that pays more. The cost of this continued search is ?

   A. the Rs500 weekly salary that he has forgone to search for another job
   B. The Rs500 weekly salary that he has forgone and the monetary costs incurred by continuing to search
   C. Rs difference between the weekly salary he finally accepts and the Rs500 weekly salary that he has forgone
   D. Rs0, since he is currently unemployed

2. Pricing to cover variable costs and some fixed costs as in the case of some automobile distributorships that sell below total costs is typical of which of the following pricing objectives ?

   A. current profit maximization
   B. product quality leadership
   C. Market share leadership
   D. Survival

3. Central banks prefer to fix the ____ and accept the resulting _____?

   A. demand for money, interest rate
   B. interest rate equilibrium money supply
   C. demand for money equilibrium money supply
   D. interest rate, demand for money

4. When an importing country sets limits on the amount of goods it will accept in certain product categories it is called a(n) ?

   A. quota
   B. barrier
   C. tariff
   D. embargo

5. In the ultimatum game, what split would be rational for both the person proposing the split and the person who must accept or reject the split ?

   A. There is no rational solution
   B. 75/25
   C. 99/1
   D. 1/99
   E. 50/50

6. In the events of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely ?

   A. fall
   B. increase
   C. remain the same
   D. fluctuates

7. If the price is less than the average costs but higher than the average variable costs ?

   A. The firm is making a loss and will shutdown in the short term
   B. The firm is making a profile
   C. The firm is making a loss but will continue to produce in the short term
   D. The firm is making a loss and is making a negative contribution to fixed costs

8. 3M runs a Pollution a Prevention Pays program that has led to a substantial reduction in pollution and costs this would be an example of responding and costs. This would be an example of responding to which of the following ?

   A. Nader’s raiders
   B. The green movement
   C. Governmental regulation
   D. International competition

9. If marginal costs equal average total costs ?

   A. average total cost is falling
   B. average total cost is raising
   C. average total cost is maximized
   D. average total cost is minimized

10. When marginal costs are below average total costs ?

    A. average fixed cost is rising
    B. average total cost is falling
    C. average total cost is raising
    D. average total cost is minimized