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Author Question: A command system is a A) method of organizing production that uses a market-like mechanism inside ... (Read 133 times)

dakota nelson

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A command system is a
 
  A) method of organizing production that uses a market-like mechanism inside the firm.
  B) method of organizing production that uses a managerial hierarchy.
  C) set of rules that induce an agent to act in the best interest of a principal.
  D) method of production that implements an assembly-line process.

Question 2

For a monopoly, the market demand curve is the firm's
 
  A) supply curve.
  B) marginal revenue curve.
  C) demand curve.
  D) profit function.



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potomatos

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Answer to Question 1

B

Answer to Question 2

C





 

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