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 197 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?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library