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Author Question: A company needs to know the price of each resource it employs if it wants to determine whether or ... (Read 61 times)

fahad

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on: Jun 29, 2018
A company needs to know the price of each resource it employs if it wants to determine whether or not it is achieving
 
  A) technological efficiency.
  B) economic efficiency.
  C) accounting efficiency.
  D) managerial efficiency.

Question 2

In the above figure, if the milk industry is perfectly competitive, then the firm's marginal revenue curve is represented by
 
  A) curve F.
  B) curve G.
  C) curve H.
  D) curve I.


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frogdreck123456

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


fahad

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Excellent

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