Skylark Corporation produces apparel for women. The firm experienced rapid growth when it first opened, but for the last couple of years business growth has slowed but revenues remain good. Skylark is probably in the phase of its life cycle.

Which of the following is an example of a production quota? a. the government sets an upper limit on the quantity that each dairy farmer can produce. b. the government sets a price floor in the market for dairy products. c. the government sets a lower limit on the quantity that each dairy farmer can produce. d. the government guarantees to buy a specified quantity of dairy products from farmers.

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An essential element of being receptive to messages is to have an open mind true or false