Requiring Workers to Work on Weekends and Holidays Is an Example

question 97

Multiple Choice

Requiring workers to work on weekends and holidays is an example of

• A)labor-saving technological change.
• B)creative destruction.
• C)capital-saving technological change.
• D)an invention.
• E)diffusion.

---

Definitions:

Merchandising Company

A type of business that derives its revenue from retailing or wholesaling products it does not manufacture.

Traditional Format

A standard or conventional method of presenting financial information, such as income statements or balance sheets, that follows established accounting principles.

Internal Purposes

Uses within an organization, such as decision making or performance evaluation, not intended for external reporting.

Contribution Format

A format for the income statement that highlights contribution margin, distinguishing between fixed and variable costs to assess profitability.