This topic contains a solution. Click here to go to the answer

Author Question: A command system is a A) method of organizing production that uses a market-like mechanism inside ... (Read 206 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

B

Answer to Question 2

C





 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

For a complete list of videos, visit our video library