This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A company does not need to know the price of each resource it employs if it wants to determine ... (Read 66 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
A company does not need 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

Marginal revenue is defined as
 
  A) the value of a firm's sales.
  B) the total revenue from the total amount the firm sells.
  C) the change in total revenue that results from a one-unit increase in the quantity sold.
  D) total revenue divided by the total quantity sold.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

parker125

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
:D TYSM

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Flowchart to determine if a species is autotroph, heterotroph, or a subtype Flowchart to determine if a species is autotroph, heterotroph, or a subtype
How to determine if a table of values represents a function How to determine if a table of values represents a function
Growth of a Renewable Resource Growth of a Renewable Resource
A car wash reduced the price of a basic wash as a promotion and test of the market. With the ... A car wash reduced the price of a basic wash as a promotion and test of the market. With the ...
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Transferring genes into plants Animation

For a complete list of videos, visit our video library