Which of the Following Is NOT an Example of a Firm

question 27

Multiple Choice

Which of the following is NOT an example of a firm that sells or leases business database services to clients?

• A)Dun & Bradstreet
• B)Bloomberg
• C)U. S. Census Bureau
• D)All of these answers are examples of firms that sell or lease business database services to clients.

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Definitions:

Hourly Wage Rate

The rate of pay given to employees per hour worked, often used to calculate earnings for part-time or casual work.

Production Technology

This term refers to the methods and processes used to create goods and services, incorporating tools, machinery, techniques, and knowledge.

Labor Intensive

Describing industries or processes that require a large amount of labor to produce goods or services, often associated with higher employment but lower capital investment.

Alternative Technologies

Refers to the different methods, tools, or systems that can be used as substitutes to achieve the same goal or perform the same function in a process.