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    Economics for Managers Study Set 1
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    Exam 16: Combining Micro and Macro Analysis for Managerial Decision Making
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    To Cut Costs in the Face of Declining Demand and Increased
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To Cut Costs in the Face of Declining Demand and Increased

Question 65

Question 65

True/False

To cut costs in the face of declining demand and increased competition, many fast food restaurants have focused on reducing labor costs.

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