Which is true of lodging employers of major hotel chains? a) They tend to have a low turnover rate.

b)They tend to promote employees from within the company.

c)They tend to hire new employees every one or two months.

d)They tend to be small, family-owned businesses.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; balance sheets;