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Author Question: The public enterprise usually pursues a well defined purpose with exact controls over its behavior. ... (Read 48 times)

rachel9

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on: Jul 1, 2018
The public enterprise usually pursues a well defined purpose with exact controls over its behavior.
 
  Indicate whether the statement is true or false

Question 2

___________ is the highest valued alternative that must be sacrificed to satisfy a want or attain something.
 
  a. Intangible resource
  b. Choice
  c. Opportunity cost
  d. Availability


Dinolord

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Reply #1 on: Jul 1, 2018
Answer to Question 1

F The purpose of a public enterprise can be quite vague and to the extent it is controlled by a break-even constraint it has wide scope to arrange its activities, because a break-even constraint is not very limiting. See 12.2.

Answer to Question 2

C


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