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Author Question: Why would a firm prefer that a company like J.D. Power (which provides product satisfaction reviews) ... (Read 80 times)

nummyann

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on: Jul 1, 2018
Why would a firm prefer that a company like J.D. Power (which provides product satisfaction reviews) review its product rather than doing it within the firm?
 
  A) J.D. Power provides less credibility.
  B) J.D. Power provides greater credibility.
  C) J.D. Power is more honest than the average firm.
  D) J.D. Power has a government monopoly in providing product satisfaction reviews.

Question 2

The slope of the isocost line tells the firm how much
 
  A) capital must be reduced to keep total cost constant when hiring one more unit of labor.
  B) capital must be increased to keep total cost constant when hiring one more unit of labor.
  C) more expensive a unit of capital costs relative to a unit of labor.
  D) the isocost curve will shift outward if the firm wishes to produce more.


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tashiedavis420

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

B

Answer to Question 2

A


nummyann

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Reply #2 on: Jul 1, 2018
Correct answers!


tashiedavis420

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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