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Author Question: Efficient production occurs if a firm A) cannot produce its current level of output with fewer ... (Read 110 times)

oliviahorn72

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on: Jul 1, 2018
Efficient production occurs if a firm
 
  A) cannot produce its current level of output with fewer inputs.
  B) given the quantity of inputs, cannot produce more output.
  C) maximizes profit.
  D) All of the above.

Question 2

An organization that converts inputs (like Labor, Capital etc.) into output can be a
 
  A) firm.
  B) sole proprietorship.
  C) corporation.
  D) All of the above.
Microeconomics ¦ Perloff ¦ 8th Edition
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medine

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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oliviahorn72

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Reply #2 on: Jul 1, 2018
Thank you


medine

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Reply #3 on: Jul 1, 2018
No problemo


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